The United States government began efforts to diversify revenue sources in 1862 during the Civil War to fund war expenses, which coincided with the introduction of excise taxes as a major income source.

Authors

• Person: Not available Organization: Federal Reserve Bank of Dallas
  U.S. tariff outcomes dependent on trading partner responses

Sources

• U.S. tariff outcomes dependent on trading partner responses www.dallasfed.org Federal Reserve Bank of Dallas via serper

Referenced by nodes (2)

• U.S. location
• Civil War event