Personally I'd rather fund government with revenue generating tariffs then a confiscatory progressive income tax. It alway amazes me when so calls conservatives rush to defend the progressive income tax and the IRS.
I'll also note that tariffs are a voluntary tax, don't want to pay the tax? Don't buy foreign stuff. Easy as pie. win win for the good old USA.
“I’ll also note that tariffs are a voluntary tax, don’t want to pay the tax? Don’t buy foreign stuff. Easy as pie. win win for the good old USA.”
This statement reveals a stunning lack of understanding of Economics 101. Most foreign-produced and domestic-produced goods are to some extent substitutable. If foreign-produced goods have a higher price tag because of tariffs, their domestic-produced substitutes will have a higher price as well. That is precisely why domestic manufacturers often lobby for tariffs on competing, imported goods.
Exactly! If we put a 100% tariff on foreign oil, for instance, we wouldn't have to pay if we only used US oil.
Right?
I’d also venture to say that a Federal government funded by tariffs would have no shot at growing as oppressive as currently exists. The Wilsonians knew that.