Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

To: VRWCmember

Tariffs are hardly a palliative as they are a tax, therefore a cost borne by the producer, wherever the point of origin of the goods. As such, they are a weapon that distorts trade flows and a favored weapon of political assholes devoid of free market economics such as the GOP; which used them to fund the entire government from 1865 till the imposition of the income tax in 1913. History has detailed the corrosive impact of Tariffs on the Great Depression.


31 posted on 05/17/2016 1:47:13 PM PDT by Arrian (n)
[ Post Reply | Private Reply | To 28 | View Replies ]


To: Arrian
Tariffs are hardly a palliative as they are a tax, therefore a cost borne by the producer, wherever the point of origin of the goods.

Nope, they are a cost borne by the importer and ultimately the consumer.

35 posted on 05/17/2016 2:37:31 PM PDT by VRWCmember
[ Post Reply | Private Reply | To 31 | View Replies ]

To: Arrian

Ahh, the first tariff act was passed in 1789.


49 posted on 05/17/2016 4:52:48 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
[ Post Reply | Private Reply | To 31 | View Replies ]

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson