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re: Imagine the US government’s only source of revenue being tariffs.
Posted on 11/20/18 at 11:27 am to Jack Bauers HnK
Posted on 11/20/18 at 11:27 am to Jack Bauers HnK
quote:
In the general sense, whatever is taxed is discouraged.
Not at all. Go take an economics class before you pretend you know what you're talking about.
0
Posted on 11/20/18 at 12:07 pm to Jack Bauers HnK
quote:
In the general sense, whatever is taxed is discouraged. Would we rather discourage people from earning income (income tax) or would we rather discourage purchasing goods from other countries (thus encouraging purchasing from other Americans?)
No
Posted on 11/20/18 at 12:26 pm to tigereye58
quote:
1817 to 1861, the tariff was the only form of federal taxation
How did the exportation of cotton from the Southern states to foreign countries effect the Federal Governments bottom line during this time period?
OT but worth mentioning.
Posted on 11/20/18 at 5:45 pm to RogerTheShrubber
quote:
but it’s a tax that ultimately gets passed down to the consumer... even if the consumer buys domestically.
Is there any tax that isn’t? It still becomes a consumer tax rather than a production tax. At least the consumer has the choice.
Posted on 11/20/18 at 7:00 pm to tigereye58
“Causes of the Civil War for $1000, Alex.”
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