Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Non-Sequitur
If the tariff was such a bone of contention the why was one of the first acts of the confederate congress the passing of a tariff?

Under that same reasoning, if the progressive income tax was such a bone of contention then why was one of the first major acts of Ronald Reagan's presidency the passing of a tax bill?

In case you are still lost as to the answer (which would not surprise me in the least considering your economic ignorance and willful dishonesty), both bills had something in common - they enacted lower tax rates than the liberals had. With the civil war, the north installed a rate of about 36% that rose to over 45% by the war's end. The confederates enacted a rate that was half of that at about 18% and lowered it even further to about 13% by May 1861.

261 posted on 02/21/2003 12:43:15 PM PST by GOPcapitalist
[ Post Reply | Private Reply | To 91 | View Replies ]


To: GOPcapitalist
The confederate tariff rates were at about the same level that the U.S. tariff had been when the south seceded.
264 posted on 02/21/2003 12:58:46 PM PST by Non-Sequitur
[ Post Reply | Private Reply | To 261 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson