Abbot Kinney

The Tariff: Protection Vs, Free Trade (Classic Reprint) Abbot Kinney

Publisher Marketing: Excerpt from The Tariff: Protection Vs, Free Trade The details of the tax known as the Protective Tariff have been much worked with, but the principles of taxation and of government to which these details must be referred to be understood, receive but scant attention. The details of administration in all things must be in accord with the fundamental principles and general truths upon which the matter rests, otherwise any theory based upon such erroneous details is as though based on shifting sands. It must fall; the higher and grander the structure thus founded, the more certain is its downfall. There are now in this country two opposing policies in regard to Custom House taxation. One of these is the policy of a tariff or tax for revenue only. The money thus raised is used by the government for the maintenance of order, defending the commonwealth and the usual legitimate needs of administrating the laws. Incidentally this tax like all others works harder on some persons than on others, but this it tries to avoid. It never intends private persons to derive a revenue from public taxes. The tariff or tax for revenue only is laid exclusively for the benefit of the government and to derive the greatest amount of return with the least burden on trade. The other policy is called a tariff or tax for protection. This is mainly laid for the benefit of private enterprises in the hands of private persons who operate them solely for their own advantage. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.