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| You are in: Virtual Public Library >> Hall of Treasury >> Joseph W. Barr | |
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As Undersecretary (1965-1968) to Secretary of the Treasury Henry H. Fowler, Joseph W. Barr (1918-1996) was the Johnson administration spokesman before Congress. When Fowler resigned in December 1968, Barr was appointed Secretary to serve the remaining month of President Johnson's incumbency. He was characterized by a New York Times reporter as "a kind of Rexford Guy Tugwell of New Deal days who does not accept that the law of supply and demand is an immutable economic dictum that must work at all times and in all circumstances." As Secretary, Barr coined the phrase "taxpayer's revolt" to describe the rising sentiment, in and out of Congress, for tax reform.
A later Secretary, William Simon, said of Barr that he was the first to realize that the tax system was too complicated for normal individuals. Barr resigned at the end of Johnson's term to become president of the American Security Trust Company in Washington.
- Text Courtesy of the Office
of the Curator
President Who? Forgotten Founders Part I
President Who? Forgotten
Founders Part II
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