tariff

Examples of tariff in the following topics:

• The Progressive Era

  • In the Gilded Age (late 19th century) the parties were reluctant to involve the federal government too heavily in the private sector, except in the area of railroads and tariffs.
  • The Democrats lowered tariffs with the Underwood Tariff in 1913, although its effects were overwhelmed by the changes in trade caused by the World War that broke out in 1914.
  • Wilson proved especially effective in mobilizing public opinion behind tariff changes by denouncing corporate lobbyists, addressing Congress in person in highly dramatic fashion, and staging an elaborate ceremony when he signed the bill into law.
  • President Wilson uses tariff, currency, and anti-trust laws to prime the pump and get the economy working.

• Interest Groups vs. Political Parties

  • For example, in the issue of free trade, some corporate lobbyists seek to eliminate or dismantle tariffs, promoting free trade and the free movement of goods and services.
  • By contrast, lobbyists representing farmers and rural interests seek to maintain or reinforce existing tariffs.
  • If tariffs are reduced or eliminated, then American farmers are forced to compete with farmers from other trading countries.

• Social Regulation

  • Subsidies were granted to agriculture and tariffs were imposed, sparking the American Revolution.
  • The United States government maintained high tariffs throughout the 19th century and into the 20th century, until the Reciprocal Trade Agreement was passed in 1934 under the Franklin D.

• Federal Income Tax Rates

  • In 1894, Democrats in Congress passed the Wilson-Gorman tariff, which imposed the first peacetime income tax.
  • The purpose of Wilson-Gorman tariff was to make up for revenue that would be lost by other tariff reductions.

• The Golden Age: 1860–1932

  • The dominant political issues included rights for African Americans, tariff policies and monetary policies.
  • It was dominated by the new Republican Party (also known as the Grand Old Party or GOP), which claimed success in saving the Union, abolishing slavery and enfranchising the freedmen, while adopting many Whiggish modernization programs such as national banks, railroads, high tariffs, homesteads, social spending (such as on greater Civil War veteran pension funding), and aid to land grant colleges.
  • The period featured a transformation from the issues of the Third Party System, instead focusing on domestic issues such as regulation of railroads and large corporations ("trusts"), the money issue (gold versus silver), the protective tariff, the role of labor unions, child labor, the need for a new banking system, corruption in party politics, primary elections, direct election of senators, racial segregation, efficiency in government, women's suffrage, and control of immigration.

• Governmental Interest Groups

  • Again, the support they seek might be direct finding through aid, but might also involve economic arrangements such as trade deals including free trade arrangements or reduction of US tariffs.

• Political Parties from 1800–1824

  • The Federalists promoted the financial system of Treasury Secretary Hamilton, which emphasized federal assumption of state debts, a tariff to pay off those debts, a national bank to facilitate financing, and encouragement of banking and manufacturing.

• The Federal Tax System

  • The United States imposes tariffs or customs duties on the import of many types of goods from many jurisdictions.

• The Goals of Economic Policy

  • These generally include the interest rate and money supply, tax and government spending, tariffs, exchange rates, labor market regulations, and many other aspects of government.

• Regulating Executive Branch Lobbyists

  • The most influential lobbyists wanted railroad subsidies and a tariff on wool.