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To: Alberta's Child
When these quotes were uttered, the tariff was one of the few methods the government had to collect revenue.

Yet, they are referring to the economic prosperity of the masses and the results of trade. It is quite clear that theirs is not commentary upon Federal gross revenue receipts.

Teddy Roosevelt lived in a time of income tax, and yet he thanked the Almighty that he had not been so mistaken as to embrace "unequal trade", aka "free trade".

253 posted on 07/29/2003 6:36:18 AM PDT by Lazamataz (PROUDLY POSTING WITHOUT READING THE ARTICLE SINCE 1999!)
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To: Lazamataz
It is quite clear that theirs is not commentary upon Federal gross revenue receipts.

No. But the point is that a tariff today specifically penalizes "the masses." First you lose 40% of your income in taxes at various levels of government, and then you end up paying a higher cost for everything you buy.

In case anyone thinks this looks familiar, this is exactly how the European system works -- and this is why the average middle-class European has a standard of living that one would expect to find below the poverty line here in the U.S.

256 posted on 07/29/2003 6:49:07 AM PDT by Alberta's Child
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