Why Pushing Young People Into Politics Is A Recipe For Disaster thefederalist.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thefederalist.com Daily Mail and Mail on Sunday newspapers.
Pass-through business owners should monitor the Biden recovery proposal closely. Biden s original campaign tax proposal included an increase in the top individual tax rate and a phase out of the 199A deduction. Individual taxation is expected to be part of the second element of the recovery plan.
Billy Graham once counseled: âthe deeper issue for you isnât economic but spiritual.â
On the economic side, prior to the Civil War, tariffs on imports into southern ports, notably Charleston, South Carolina, provided the majority of the revenue for the U.S. Federal Government.
A Federal income tax did not exist yet.
Tariff taxes on foreign made goods caused them to be more expensive, causing people to buy domestically produced goods, mostly manufactured in Northern factories.
The Tariff taxes that helped the North hurt the South, as the South had few factories to protect.
Economically, the South was dependent on agriculture, primarily rice and cotton.
Elections Have Consequences; Cheating Doesn t realclearpolitics.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from realclearpolitics.com Daily Mail and Mail on Sunday newspapers.