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To: E. Pluribus Unum; All
"Tariffs were the main source of all Federal revenue from 1790 to 1914. At the end of the American Civil War in 1865 about 63% of Federal income was generated by the excise taxes, which exceeded the 25.4% generated by tariffs. In 1915 during World War I tariffs generated only 30.1% of revenues. Since 1935 tariff income has continued to be a declining percentage of Federal tax income."

See table here:

https://en.m.wikipedia.org/wiki/Tariffs_in_United_States_history

54 posted on 12/04/2016 2:13:39 PM PST by Cobra64 (Common sense isn't common any more.)
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Why didn’t he do this with Carrier?


55 posted on 12/04/2016 2:47:52 PM PST by TakebackGOP
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