The Income Tax was made law “to democratise the cost of government” which until then had been paid by the top 5% from their tariff income. So there’s this big history – more than 100 years – of tariff monies being the sum and substance of the federal budget.
The Income Tax was made law “to democratise the cost of government” which until then had been paid by the top 5% from their tariff income. So there’s this big history – more than 100 years – of tariff monies being the sum and substance of the federal budget.