By the late 19th century, tariffs were applied to a declining number of imports, and their importance as a government revenue source waned, particularly after the introduction of universal income taxes in 1913.

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)

• tariff concept
• personal income taxes concept