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To: steve50
"Direct taxation" at least Wigfall saw it coming. The party of protectionist tariffs is now the party of protectionist free trade, now that the manufacturing and banking class depend on it. And direct taxation has removed all restraints on growth/power of the fedgov.

Exactly. Before 1860 taxation debates were over what level should be implemented indirectly as the tariff. The free traders wanted a low range tariff to simply fund the government's basics. The protectionists wanted a high range tariff to boost their industries in competition and to fund government-backed incentives to those same industries.

After that the debate shifted to being between indirect and direct taxation. Direct taxation was chosen and is now the sole issue.

50 posted on 08/09/2002 2:44:01 PM PDT by GOPcapitalist
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To: GOPcapitalist
Bump for later
193 posted on 08/13/2002 4:06:45 AM PDT by Former Proud Canadian
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