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Tariffs in United States history

Tariffs in United States history

Автор: Jesse Russell,Ronald Cohn, 101 стр., издатель: "Книга по Требованию", ISBN: 978-5-5094-5744-9

High Quality Content by WIKIPEDIA articles! Tariffs in United States history have played important roles in trade policy, political debates and the nation's economic history. The 1st United States Congress, wanting a straightforward tax that was not too onerous and easy to collect, passed the Tariff of 1790. Like all subsequent tariffs it taxed imported goods at their Ports of entry to raise revenue for the federal government. Treasury agents collected the tariff before goods could be landed, and what became the Coast Guard prevented smuggling. Tariffs were the largest (approaching 95% at times) source of federal revenue until the Federal income tax began after 1913. For well over a century the federal government was largely financed by tariffs averaging about 20% on foreign imports. There are no tariffs for imports or shipments from other states. Since the 1940s foreign trade policies have focused more on reciprocal tariffs and low tariff rates rather than using tariffs as a...
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