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To: expat_panama
Tariff of 1789

Silly myth made out of concrete.......

"Whereas it is necessary for that support of government, for the discharge of the debts of the United States, and the encouragement and protection of manufactures, that duties be laid on goods, wares and merchandise:"[1]

64 posted on 08/26/2015 1:40:12 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: central_va; Sgt_Schultze
Tariff of 1789

Welcome to the convo Cent, let me help you get up to speed on what we're talking about.

Sgt_Schultze was talking about a "tariff as a government financing system and it served".  I pointed out that the system that founding fathers were working to go into was a move from stupid tariffs toward freedom.  What we got is that in 1792 average tariffs were 15% and total revenue was about $4 million.  Now the rate's only just over one percent but import tax revenue's at $25,298 million. Yeah I know this is where y'all say that we can't compare 1790 to now  because they're totally different but if you guys are tooting a return to the good ol' days then we need to keep our eyes wide open.

The point is that lower rates mean more revenue and more freedom; Reagan tried to explain it decades ago.  Extreme leftist like Obama and his union thugs don't give a rat's patootie about America and the deficit, they just want "fairness", meaning they just want to stick it to any Americans trying to be free.

65 posted on 08/26/2015 3:21:42 PM PDT by expat_panama
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