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.)
Why didn’t he do this with Carrier?
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