The best methods of federal fundraising are Protective Tariffs + Income Tax.
The Income Tax is misunderstood and incorrectly administered, it only applies to incomes that are derived from sources of government trades or businesses that turn a profit.
My take is somewhat different.
https://torrancestephensphd.substack.com/p/to-tariff-or-not-to-tariff-that-is
Awesome post. Loved the historical context.
The best methods of federal fundraising are Protective Tariffs + Income Tax.
The Income Tax is misunderstood and incorrectly administered, it only applies to incomes that are derived from sources of government trades or businesses that turn a profit.
https://open.substack.com/pub/asodhani/p/income-tax-brief?r=clr9o&utm_campaign=post&utm_medium=web&showWelcomeOnShare=false
Picked up a dozen at my rural adjacent midwest Aldi yesterday and they were almost $7…..at ALDI!!!! 🤬🤬🤬🤬