How Tariffs Shaped America’s Economy: A Forgotten Revenue Solution. #BM #Business #Money #News #Opinion #Politics #SN #WeeklyColumns
How Tariffs Shaped America’s Economy: A Forgotten Revenue Solution.
From 1861 to 1890s, high tariffs dominated as the source of federal government revenue under Republican-led protectionism economic policy. Today’s push against tariffs is no different than the Debates over tariff reform that occurred between 1890 to 1913, in which Democrats pushed for lower rates. Tariffs would eventually, via progressive democrat policies, become less used, until the period from 1913 to 1917 when the Underwood Tariff and federal income tax became law... Read More.
Source: thyblackman.com






