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To: Poison Pill
Before we had an income tax, you do know that right?

The would be NOT true.

The Federal Income Tax started in 1913. The Republican Party supported the tariff until after WWII when globalist shills took over.

The 1924 Republican Platform:

We reaffirm our belief in the protective tariff to extend needed protection to our productive industries. We believe in protection as a national policy, with due and equal regard to all sections and to all classes. It is only by adherence to such a policy that the well being of the consumers can be safeguarded that there can be assured to American agriculture, to American labor and to American manufacturers a return to perpetrate American standards of life. A protective tariff is designed to support the high American economic level of life for the average family and to prevent a lowering to the levels of economic life prevailing in other lands.

In the history of the nation the protective tariff system has ever justified itself by restoring confidence, promoting industrial activity and employment, enormously increasing our purchasing power and bringing increased prosperity to all our people.

The tariff protection to our industry works for increased consumption of domestic agricultural products by an employed population instead of one unable to purchase the necessities of life. Without the strict maintenance of the tariff principle our farmers will need always to compete with cheap lands and cheap labor abroad and with lower standards of living.

The enormous value of the protective principle has once more been demonstrated by the emergency tariff act of 1921 and the tariff act of 1922.

We assert our belief in the elastic provision adopted by congress in the tariff act of 1922 providing for a method of readjusting the tariff rates and the classifications in order to meet changing economic conditions when such changed conditions are brought to the attention of the president by complaint or application.

We believe that the power to increase or decrease any rate of duty provided in the tariff furnishes a safeguard on the one hand against excessive taxes and on the other hand against too high customs charges.

The wise provisions of this section of the tariff act afford ample opportunity for tariff duties to be adjusted after a hearing in order that they may cover the actual differences in the cost of production in the United States and the principal competing countries of the world.

We also believe that the application of this provision of the tariff act will contribute to business stability by making unnecessary general disturbances which are usually incident to general tariff revisions.

105 posted on 12/19/2016 5:32:43 AM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: central_va
And what was the Federal income tax rate in 1913? A whopping 1% over 20K. In todays terms that would be like paying 1% on income over $1.5 million. Below that you paid nothing. In the mid teens through much of the 20s, the income tax wasn't material to most people. But tarrifs were. And what did we get in the first part of the 20th Century? Two massive world wars, Europe in complete ruin, fascism, nationalism, the rise of communism, death camps.

The income tax increased and tarrifs receaded because we learned the hard way that shooting wars follow trade wars like night follows day.

106 posted on 12/19/2016 6:57:47 AM PST by Poison Pill
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