The principle of fair and equitable taxation is the precept that sparked the American Revolution. The earliest American patriots did not question the legality of the British parliament to levy taxes on the American colonies, but the inequitable manner in which it was imposed.

The current regime of collecting mortgage recording tax in New York state gratuitously complicates mortgage transactions with an onerous assignment and consolidation of mortgage process, freely allows for double taxation, and is often left to the whim of lenders.