As usual, you run off and post some fallacious conclusion, and when confronted you think by doing a combination of dumping Internet sources, restating and misrepresenting what your original contentions, and setting up straw man arguments, you can cover your error. That does not work here.
You started all of this with your post #164 where your first error was a misreading and misquote of data on overall, annual Federal Treasury revenue as to be (what you thought was) tariff revenue---two totally different columns of numbers that were clearly marked.
Big error.
The Wiki source you used shows that the variation in dollars each year between your misquoted total vs. tariff income was as much as 46%.
Beginning with that massive error, you drew the following conclusions, not knowing that your math was way off. Here is what you said in #164 (with my corrections):
•"By 1815 tariffs were reduced from 10% to 6.5% and revenues rose from $9 million to $16 million = a growth rate of 68% over five years."
Correction---tariffs revenues from the years you quoted actually declined from 8.6 to 7.3.
•"After 1815 tariffs rose steadily to 35% in 1830 and the growth in Federal receipts was reduced by 80% — from 68% over five years to 14%."
Correction: If you were making a comparison between 1830 and 1835 (which was not clear), during that period the average tariff rate went from 35% to 14.2%. The total Federal receipts went from $24.8 to $35.8, while tariff revenue went from $21.9 to $19.4.
•"In 1835 tariffs were again reduced, to 14% and Federal receipts jumped again, by 44%."
Correction: Federal receipts in 1835 were 35.8 million...up from 24.8 in 1830. However, tariff revenue in 1830 was $21.9 million, dropping to $19.4 in 1835. Something "jumped" but it was not tariff revenue.
•"By 1835 tariffs were back up to 24% and revenues were still 15% below 1825 levels."
Correction: You said that the tariffs were 14% in 1935...then now you say they are 24%....Which is it?
In 1835, tariffs were still at 14.2%. Your figure of 24% may have come from the table data for 1845 which was by that time up to 24.3%.
Then you said: •"Tariffs then fell steadily, to 15% by 1860, while Federal receipts nearly tripled over 1840 levels.
Statement of fact: the percentages fell while revenue increased.
Statement of non fact: "So the take-away here is that a lot of political philosophising (sic) over the “injustice” of high tariffs did not correspond to the actual tariffs then in effect."
This gives you your data quote errors, the data comparison errors, and shows that there is no relationship to this data or your conclusions.
Apologies to Pelham; LS; donmeaker; x; Ditto; rockrr for wasting your time.
Not wasting my time at all. I’ve been following your posts with interest, but must admit that I’m not clear on your ultimate point(s) (either of you) as pertains to matters of tariffs.
Would both of you mind stating what your position is (I don’t wish to put words in your mouths)?
Thanks
Thanks for the apology Pea Ridge, (not necessary BTW) but what’s your point? I guess I’m missing something here.