Abandoned Quote by Henry Charles Carey

The truth is that tariffs have a long and storied history as both a revenue-raising tool and a way of protecting strategically important industries…

— Scott Bessent

The primary reason for a tariff is that it enables the exploitation of the domestic consumer by a process indistinguishable from sheer robbery.

— Albert J. Nock

Tariffs protect ill-considered government policies, such as costly regulations and high taxes on labor and capital that make our goods uncompetitive in international markets.

— Paul Craig Roberts

What was needed was a policy that increased the supply of money available for use and then ensured its use. Then the state of…

— John Kenneth Galbraith

I think that tariffs in a way can be regarded as an economic sanction without a sanction.

— Scott Bessent

TARIFF, n. A scale of taxes on imports, designed to protect the domestic producer against the greed of his consumer.

— Ambrose Bierce

In executing this power by levying a tariff of duties for the support of Government, the raising of revenue should be the object and…

— James K Polk

A protective tariff is a typical conspiracy in restraint of trade.

— Thorstein Veblen

We try to prevent the creation of artificial rents. Rather than setting up quotas to stop imports we levy a tariff, that would be…

— James M. Buchanan

It is very certain that [the commerce clause] grew out of the abuse of the power by the importing States in taxing the non-importing,…

— James Madison

The benefits of a tariff are visible. Union workers can see they are "protected". The harm which a tariff does is invisible. It's spread…

— Milton Friedman

Prior to the 16th Amendment, which authorized the individual income tax, tariffs had been one of the federal government's chief sources of funding.

— Scott Bessent