Tariff May Have Just Revealed Trump’s Plan for Income Tax… and It’s Massive | WHAT REALLY HAPPENED

Tariff May Have Just Revealed Trump’s Plan for Income Tax… and It’s Massive

In his 1888 book “The Tariff History of the United States,” noted economist Frank William Taussig says that American steel tariffs as high 90 percent (or over) on British steel in the wake of the Civil War allowed the American steel industry to flourish while simultaneously (this is a key point here; you may want to write it down for the test later on) helping pay the nation’s bills.

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