The sales tax on a $20 hammer is 7%, or $1.40. Why is the tax a bigger burden for Josh, who has a $15,000 income, then for Erin, who has $150,000 income
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Clayton Antitrust Act, law enacted in 1914 by the United States Congress to clarify and strengthen the Sherman Antitrust Act (1890). ... When President Woodrow Wilson asked for a drastic revision of existing antitrust legislation, Congress responded by passing the Clayton measure.