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In reply to the discussion: Tariffs were very strong American worker wage protection, HENCE corporations hate tariffs. [View all]pampango
(24,692 posts)4. No. Getting rid of high tariffs was a big progressive win in the early 20th century.
FDR got rid of them a second time in the 1930's after republicans raised tariffs again in the 1920's. And corporations loved high tariffs (which is why republicans raised them.) It protected them from competition and preserved domestic monopolies.
"The Hidden Progressive History of Income Tax Replacing High Tariffs"
Tariffs and excise taxes meant that almost the entirety of federal tax revenue came from the poor while the rich paid virtually nothing. This spawned enormous outrage.
Everyday Americans hated the tax system of the Gilded Age. The federal government gathered taxes in two ways. First, it placed high tariff rates on imports. These import taxes protected American industries from competition. This allowed companies to charge high prices on products that the working class needed to survive while also protecting the monopolies that controlled their everyday lives. Second, the government had high excise taxes on tobacco and alcohol, two products used heavily by the American working class.
Today, we are supposed to hate paying taxes. They are our tax burden. We vote for politicians who will reduce our taxes, even if that means destroying the welfare state. Conservatives century-long war against taxes has paid off by convincing everyday Americans to think taxes are a horrible thing that pays for government waste.
Our ancestors knew this was not true. The income tax was the most popular economic justice movement of the late 19th and early 20th century. This truly grassroots movement forced politicians to act in order to stay in office, leading to the 16th Amendment to the Constitution in 1913. Thats right, the income tax was so popular that the nation passed a constitutional amendment so that the right-wing Supreme Court couldnt overturn it.
Corporations immediately organized against this. In a strategy we can recognize today, the Chamber of Commerce distorted the bills purpose, telling the public that the income tax would drive them into poverty, even though the bill did not affect working-class people. Yet the Chamber made little headway in the face of this overwhelmingly popular movement.
http://mobile.alternet.org/alternet/#!/entry/the-hidden-progressive-history-of-income-tax,51754f28da27f5d9d0a7ea44/1
Tariffs and excise taxes meant that almost the entirety of federal tax revenue came from the poor while the rich paid virtually nothing. This spawned enormous outrage.
Everyday Americans hated the tax system of the Gilded Age. The federal government gathered taxes in two ways. First, it placed high tariff rates on imports. These import taxes protected American industries from competition. This allowed companies to charge high prices on products that the working class needed to survive while also protecting the monopolies that controlled their everyday lives. Second, the government had high excise taxes on tobacco and alcohol, two products used heavily by the American working class.
Today, we are supposed to hate paying taxes. They are our tax burden. We vote for politicians who will reduce our taxes, even if that means destroying the welfare state. Conservatives century-long war against taxes has paid off by convincing everyday Americans to think taxes are a horrible thing that pays for government waste.
Our ancestors knew this was not true. The income tax was the most popular economic justice movement of the late 19th and early 20th century. This truly grassroots movement forced politicians to act in order to stay in office, leading to the 16th Amendment to the Constitution in 1913. Thats right, the income tax was so popular that the nation passed a constitutional amendment so that the right-wing Supreme Court couldnt overturn it.
Corporations immediately organized against this. In a strategy we can recognize today, the Chamber of Commerce distorted the bills purpose, telling the public that the income tax would drive them into poverty, even though the bill did not affect working-class people. Yet the Chamber made little headway in the face of this overwhelmingly popular movement.
http://mobile.alternet.org/alternet/#!/entry/the-hidden-progressive-history-of-income-tax,51754f28da27f5d9d0a7ea44/1
FDR campaigned against high tariffs, lowered them during his presidency and set up the low-tariff trade system of the post-WWII world.
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Tariffs were very strong American worker wage protection, HENCE corporations hate tariffs. [View all]
livingwagenow
Feb 2014
OP
No. Getting rid of high tariffs was a big progressive win in the early 20th century.
pampango
Feb 2014
#4
"high tariffs" are one thing; like any other regulation, tariffs can and should be used
TheFrenchRazor
Feb 2014
#5
Yes the RTAA was FDR's first step in reversing high tariffs followed by GATT and the ITO.
pampango
Feb 2014
#8
"corporations thrived under high tariffs then at the expense of the working class"
brentspeak
Feb 2014
#22
Exactly. Historically corporations have thrived and the working class suffered under both high and
pampango
Feb 2014
#26
The VAT is not a tariff. The VAT effects the final cost of imports and domestic products equally.
pampango
Feb 2014
#31
Fine. So the "Import Turnover Tax" is "the equal of the domestic VAT". When you combine the two
pampango
Feb 2014
#33
Yes there is. Even the poll you reference shows republicans want more to 'get tough' with China.
pampango
Feb 2014
#53
Ditto. The links you posted to make your case were to posts from a "banned troll".
pampango
Feb 2014
#60
Are you really suggesting that the global economy in the 1920's - 1930's has any
Egalitarian Thug
Feb 2014
#51
I believe that history is relevant. And I believe that the experience of other countries is too.
pampango
Feb 2014
#54
You asked: "Are you really suggesting that the global economy in the 1920's - 1930's has any
pampango
Feb 2014
#56
No - Fair means developing nations do not become colonies of multinational corporations
Armstead
Feb 2014
#25
Only two of the DU Corporate Warrior Brigade? It was a Sunday, I suppose.
Egalitarian Thug
Feb 2014
#52