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Peter Navarro on comparisons of Trump's tariffs and Smoot-Hawley: "The better comparison by far is the McKinley era, which was the height of the tariff power and its contribution to our manufacturing economy. We were a country based on tariffs revenues up until 1913 when the income tax came along."

Aaron Rupar

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79,227 просмотров • 1 год назад •via X (Twitter)

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Trump on tariffs: "We were richer then proportionally than at any time in the history of our country, and then stupidly in 1913 then said 'let's go to the income tax.'"

Trump on tariffs: "We were richer then proportionally than at any time in the history of our country, and then stupidly in 1913 then said 'let's go to the income tax.'"

Aaron Rupar

27,800 просмотров • 11 месяцев назад

🚨🇺🇸 PETER SCHIFF: TARIFFS TAX THE MIDDLE CLASS, NOT THE RICH "We the country ran on tariffs because we had a tiny government. We didn’t have Social Security. We didn’t have Medicare. They got rid of the tariffs because the tariffs hit the middle class and the poor. The only reason the public bought [the income tax, was] because they thought they were gonna escape tariffs." Source: Peter Schiff

🚨🇺🇸 PETER SCHIFF: TARIFFS TAX THE MIDDLE CLASS, NOT THE RICH "We the country ran on tariffs because we had a tiny government. We didn’t have Social Security. We didn’t have Medicare. They got rid of the tariffs because the tariffs hit the middle class and the poor. The only reason the public bought [the income tax, was] because they thought they were gonna escape tariffs." Source: Peter Schiff

Mario Nawfal

98,893 просмотров • 1 год назад

🚨 BREAKING: President Trump says tariffs could replace FEDERAL INCOME TAX. "If you go back to 1913, we were the richest ever from 1850 - all tariffs, no income taxes - to 1913." "Then we went to income tax, then we had the Great Depression!" "This poor beautiful nation was GONE...the tariffs are VITAL to the success of this country."

🚨 BREAKING: President Trump says tariffs could replace FEDERAL INCOME TAX. "If you go back to 1913, we were the richest ever from 1850 - all tariffs, no income taxes - to 1913." "Then we went to income tax, then we had the Great Depression!" "This poor beautiful nation was GONE...the tariffs are VITAL to the success of this country."

Eric Daugherty

1,136,600 просмотров • 11 месяцев назад

Trump: Our country was the strongest, believe it or not, from 1870 to 1913. You know why? It was all tariff based we had no income tax. Then in 1913, some genius came up with the idea of let's charge the people of our country, not foreign countries that are ripping off our country.

Trump: Our country was the strongest, believe it or not, from 1870 to 1913. You know why? It was all tariff based we had no income tax. Then in 1913, some genius came up with the idea of let's charge the people of our country, not foreign countries that are ripping off our country.

Acyn

3,855,492 просмотров • 1 год назад

The US economy has developed some tell-tale signs of the Great Depression. The money supply has contracted. That means an economic slowdown is BAKED IN THE CAKE. Like the Smoot-Hawley Tariffs of 1930, Trump's tariffs are putting massive downward pressure on the economy.

The US economy has developed some tell-tale signs of the Great Depression. The money supply has contracted. That means an economic slowdown is BAKED IN THE CAKE. Like the Smoot-Hawley Tariffs of 1930, Trump's tariffs are putting massive downward pressure on the economy.

Steve Hanke

216,449 просмотров • 1 год назад

This is "I Put Up Tariffs" 🎶- perhaps the first ever parody song (?) to make reference to the Smoot-Hawley Act of 1930. It's based on #BobMarley's legendary "I Shot the Sheriff" and sung from the point of view of #Trump, unleashing his frenzy of #tariffs on the USA & the world.

This is "I Put Up Tariffs" 🎶- perhaps the first ever parody song (?) to make reference to the Smoot-Hawley Act of 1930. It's based on #BobMarley's legendary "I Shot the Sheriff" and sung from the point of view of #Trump, unleashing his frenzy of #tariffs on the USA & the world.

MarshFamilySongs

107,291 просмотров • 1 год назад

President Trump just tweeted that this was the most consequential election in the last 129 years… a reference to the 1896 election of President William McKinley. Here is why it matters. McKinley was America’s last champion of tariffs… Imposing a 50% tariff on nearly all imports. The results were astonishing. America was the manufacturing center of the entire world, American steel, American oil, American automotive. American manufacturing was the envy of the world, the jobs were here, and the products made here were better than anywhere else in the world… & that’s why made in America used to mean something. Everyone talks about the creation of the federal reserve bank and implementation of the federal income tax in 1913, but they miss the big picture, that the income tax was needed to shift away from tariffs so that American sovereignty could be replaced with a form of global corporate governance. The schools do such a great job of convincing people, nationalism, and protectionism are not in their interest… When history shows us the exact opposite is true.

President Trump just tweeted that this was the most consequential election in the last 129 years… a reference to the 1896 election of President William McKinley. Here is why it matters. McKinley was America’s last champion of tariffs… Imposing a 50% tariff on nearly all imports. The results were astonishing. America was the manufacturing center of the entire world, American steel, American oil, American automotive. American manufacturing was the envy of the world, the jobs were here, and the products made here were better than anywhere else in the world… & that’s why made in America used to mean something. Everyone talks about the creation of the federal reserve bank and implementation of the federal income tax in 1913, but they miss the big picture, that the income tax was needed to shift away from tariffs so that American sovereignty could be replaced with a form of global corporate governance. The schools do such a great job of convincing people, nationalism, and protectionism are not in their interest… When history shows us the exact opposite is true.

Brett Pike

66,122 просмотров • 1 год назад

As far as I’m concerned, anyone that is against the U.S. using tariffs for external revenue instead of taxing our citizens IS A TRAITOR🫨! You know, prior to 1913 we had no income tax and DJT IS GOING TO ☠️ INCOME TAX😲! Hey Rand Paul, on behalf of the American people…🖕

As far as I’m concerned, anyone that is against the U.S. using tariffs for external revenue instead of taxing our citizens IS A TRAITOR🫨! You know, prior to 1913 we had no income tax and DJT IS GOING TO ☠️ INCOME TAX😲! Hey Rand Paul, on behalf of the American people…🖕

Bobby D🎙

29,807 просмотров • 3 месяцев назад

Gingrich: Make sure that you actually start shifting the tax burden back onto tariffs. Prior to 1913 when they passed the income tax, tariffs were the primary source of revenue… Trump is actually returning us to a very successful American model

Gingrich: Make sure that you actually start shifting the tax burden back onto tariffs. Prior to 1913 when they passed the income tax, tariffs were the primary source of revenue… Trump is actually returning us to a very successful American model

Acyn

882,140 просмотров • 1 год назад

On June 17, 1930, President Herbert Hoover signed the Smoot-Hawley Tariff Act, raising tariffs on imported goods in order to bolster domestic employment and manufacturing during the Great Depression. The law was famously referenced in the 1986 film, ‘Ferris Bueller’s Day Off’

On June 17, 1930, President Herbert Hoover signed the Smoot-Hawley Tariff Act, raising tariffs on imported goods in order to bolster domestic employment and manufacturing during the Great Depression. The law was famously referenced in the 1986 film, ‘Ferris Bueller’s Day Off’

RetroNewsNow

30,372 просмотров • 1 год назад

Republican Congressman Don Bacon just torched Trump on his tariffs. "When we passed the Smoot Hawley act (1930s), that created the worst depression we’ve ever had." "The Constitution makes it very clear. Congress has control of taxes, and let’s be candid — tariffs are a tax."

Republican Congressman Don Bacon just torched Trump on his tariffs. "When we passed the Smoot Hawley act (1930s), that created the worst depression we’ve ever had." "The Constitution makes it very clear. Congress has control of taxes, and let’s be candid — tariffs are a tax."

Ed Krassenstein

400,880 просмотров • 1 год назад

Donald Trump's tariffs are a tax on working families. And his on-again-off-again tariff “policy” is driving the cost of housing and everything else through the roof.

Donald Trump's tariffs are a tax on working families. And his on-again-off-again tariff “policy” is driving the cost of housing and everything else through the roof.

Senator Adam Schiff

91,607 просмотров • 1 год назад

Lutnick: When was America great? At the turn of the century... We had no income tax. And all we had was tariffs.

Lutnick: When was America great? At the turn of the century... We had no income tax. And all we had was tariffs.

Acyn

1,198,836 просмотров • 1 год назад

🚨 THE ECONOMY IS DOING VERY WELL 🚨 Treasury Secretary Scott Bessent : “We have created 900,000 private sector jobs since President Trump came to office.” “We're having a manufacturing rebirth because of a combination of the tariffs and our tax policy.” “The underlying fundamentals are excellent, and we will be on the other side of this soon.”

🚨 THE ECONOMY IS DOING VERY WELL 🚨 Treasury Secretary Scott Bessent : “We have created 900,000 private sector jobs since President Trump came to office.” “We're having a manufacturing rebirth because of a combination of the tariffs and our tax policy.” “The underlying fundamentals are excellent, and we will be on the other side of this soon.”

Laura Ingraham

37,304 просмотров • 1 месяц назад

The American school system intentionally prevents Americans from understanding how America became the wealthiest country in the world. During the presidency of William McKinley, he used a 50% tariff on all imports to empower America to emerge as the manufacturing center of the world. In fact, the world had never seen anything like it. American steel, American oil, American automotive. America was so wealthy that we were able to raise $50 million without going to the bank at the start of the Spanish American war. The Spanish knew the war was over before it had even began. In 1913 international bankers and corporation started the process of replacing tariffs with the federal income tax. That was the beginning of stripping the American people of their power and making taxation of regular people the government‘s primary source of revenue - instead of tariffs on international corporations that had previously made America the wealthiest country in the world.

The American school system intentionally prevents Americans from understanding how America became the wealthiest country in the world. During the presidency of William McKinley, he used a 50% tariff on all imports to empower America to emerge as the manufacturing center of the world. In fact, the world had never seen anything like it. American steel, American oil, American automotive. America was so wealthy that we were able to raise $50 million without going to the bank at the start of the Spanish American war. The Spanish knew the war was over before it had even began. In 1913 international bankers and corporation started the process of replacing tariffs with the federal income tax. That was the beginning of stripping the American people of their power and making taxation of regular people the government‘s primary source of revenue - instead of tariffs on international corporations that had previously made America the wealthiest country in the world.

Brett Pike

46,053 просмотров • 1 год назад