Should tariffs replace income taxes? The idea has been flouted by President Trump - but is it just a cheap trick for attention or is it a plausible policy? That question will depend on how you view the size and scope and government. One of the first laws ever passed by Congress imposed tariffs on imports. Ninety percent of the federal government's revenue came from tariffs.This lasted until 1860. The Civil War was expensive and an income tax was introduced briefly before being ruled unconstitutional. It wouldn't be until the 16th amendment was added to the Constitution in 1913 that the United States would officially introduce the income tax***Thanks for listening to Overnight Opinions, a recurring news show on topics the mainstream media isn’t telling you. Here you’ll get current events blended with spicy commentary directed at our elected leaders.You can check out Ladies Love Politics website to read a transcript/references of this episode at www.ladieslovepolitics.com.Be sure to follow the Ladies Love Politics channel on TikTok, Instagram, YouTube, Truth Social, Brighteon Social, Threads, and Twitter. Content also available on Apple Podcasts, Google Podcasts, Spotify, and wherever else you stream podcasts.***REFERENCES:https://taxfoundation.org/research/all/federal/short-history-government-taxing-and-spending-united-states/https://www.marketplace.org/2024/11/13/why-the-u-s-once-relied-on-tariffs-to-raise-revenue-and-what-it-would-mean-to-go-back/https://www.investopedia.com/articles/tax/10/history-taxes.asphttps://fiscaldata.treasury.gov/americas-finance-guide/federal-spending/ https://www.cnn.com/2024/10/26/politics/trump-income-taxes-tariffs/index.html https://www.usaspending.gov/agency

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