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Old September 21st, 2009 #6
richyrichard
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Join Date: May 2007
Location: Southeast Texas
Posts: 933
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The purpose of a tariff is to force consumers to buy domestic. This is accomplished by raising the price of imported goods.

The purpose of uniform duties and imposts is to raise money for the government for the purpose of maintaining ports of entry, not to fatten the Treasury.

Since the tariff raises the price of imported goods in order to discourage their consumption, it is self-defeating to attempt to finance the government by tariffs. (This should be common sense.)

Tariffs are born in sectionalism, factionalism, and are either a result of partisan politics or the very cause of it. They favor one industry over another.

Tariffs are unconstitutional.

The federal budget this year is 4.5 trillion dollars. The income tax covers 3 trillion of that amount. Borrowing covers the other 1.5 trillion. What effect would 4.5 trillion dollars worth of tariffs have on our economy? Well...it might force the Dollar Stores to close and J-Mart would love that!