regent
Gold Member
- Jan 30, 2012
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Before the civil war, tariffs and excise taxes provided 100% of the revenue for the federal government. They were he only kind of taxes allowed by the Constitution. Given that circumstance, how would the government fund itself without "helping business?"
That was my point, government helped business with tariffs. Another source of income was the sale of public lands.
Obviously, my point went right over your head. There is no tax the federal government could legally impose that some turd couldn't use to accuse it of "helping business."
No, you supported my point that the tariff helped business and one of the turds you speak of was Alexander Hamilton. Hamilton is the one that attached the help our infant industries to the tariff, and the fact was that the tariff did just that, helped industry. Of course, the tariff hurt those that imported materials, particulary the South. The fight over tariffs will lead to many crisis in our history simply because the tariffs were used for more than raising money.