I saw some news this week which reminded me of this topic.
Tariffs are a type of tax.
"And it came to pass in those days, that there went out a decree from Caesar Augustus, that all the world should be taxed.
King of the North, King of the South.
The Republican Party are known for their tariffs.
Republicans from the North
The Republican Party emerged in the North in 1854 to combat the expansion of slavery into western territories after the passing of the Kansas–Nebraska Act. The party had very little support from white Southerners at the time, who predominantly backed the Democratic Party in the Solid South.
The early northern Republican party was distinguished by its support for the national banking system, the gold standard, railroads, and high
tariffs. The Republicans supported big business generally, the gold standard, high
tariffs and generous pensions for Union veterans. The high McKinley
Tariff of 1890 hurt the party and the Democrats swept to a landslide in the off-year elections, even defeating McKinley himself. Protectionism was the ideological cement holding the Republican coalition together. High
tariffs were used by Republicans to promise higher sales to business, higher wages to industrial workers, and higher demand for their crops to farmers.
Democrats said it was a tax on the little man. It had greatest support in the Northeast, and greatest opposition in the South and West. The Midwest was the battle ground.[62] McKinley promised that high
tariffs would end the severe hardship caused by the Panic of 1893.
Disagreements on
tariffs were pulling the party apart. Roosevelt tried to postpone the issue, but Taft had to meet it head on in 1909 with the Payne–Aldrich
Tariff Act. Eastern conservatives led by Nelson W. Aldrich wanted high
tariffs on manufactured goods (especially woolens), while Midwesterners called for low
tariffs. Aldrich outmaneuvered them by lowering the
tariff on farm products, which outraged the farmers. The great battle over the high Payne–Aldrich
Tariff Act in 1910 ripped the Republicans apart and set up the realignment in favor of the Democrats.
en.wikipedia.org
And another cover of the Economist Magazine.
He will divide the land for a profit:
But the rest of the world can limit the damage
www.economist.com
Peaceful Sabbath.