quote:Originally posted by Jugflier:quote:You say "think global, shop local"...but what you are really advocating is "neomercantilism".
In these United States, the income tax was decreed to be unconstitutional until the turn of the last century. That means for 140 years the U.S government collected revenue the only way the Constitution allowed; Taffiffs.
That's right, Tarriffs ARE Constitutional.
Sorry, NO, tariffs, which constitutional, were not the only source of revenue. Import duties on individuals were a second. However, excise taxes were the largest source of revenue. Whiskey provided a major source of revenue, much to the chagrin of the early farmers, who protested violently. President Washington personally lead the army in the field to put down the rebellion known as the Whiskey Rebellion.