Post by graybeard on Sept 8, 2011 13:31:12 GMT -6
With less than a thorough look at wiki, I don't see how tariffs are applied. Are they a percentage of the SRP, Suggested Retail Price, or a more complicated formula?
wiki:
--------
Trade tariffs in the United StatesU.S. Historical Tariffs (Customs) Collections by Federal Government
(All dollar amounts are in millions of U.S. dollars)[3][4][5][6][7][8]
--------------------------------------------------------------------------------
Year Tariff
Income Budget
% Tariff Federal
Receipts Income
Tax Payroll
Tax Average
Tariff
1792 $4.4 95.0% $4.6 $- $- 15.1%
1795 $5.6 91.6% $6.1 $- $- 8.0%
1800 $9.1 83.7% $10.8 $- $- 10.0%
1805 $12.9 95.4% $13.6 $- $- 10.7%
1810 $8.6 91.5% $9.4 $- $- 10.1%
1815 $7.3 46.4% $15.7 $- $- 6.5%
1820 $15.0 83.9% $17.9 $- $- 20.2%
1825 $20.1 97.9% $20.5 $- $- 22.3%
1830 $21.9 88.2% $24.8 $- $- 35.0%
1835 $19.4 54.1% $35.8 $- $- 14.2%
1840 $12.5 64.2% $19.5 $- $- 12.7%
1845 $27.5 91.9% $30.0 $- $- 24.3%
1850 $39.7 91.0% $43.6 $- $- 22.9%
1855 $53.0 81.2% $65.4 $- $- 20.6%
1860 $53.2 94.9% $56.1 $- $- 15.0%
1863 $63.0 55.9% $112.7 $- $- 25.9%
1864 $102.3 38.7% $264.6 $- $- 32.3%
1865 $84.9 25.4% $333.7 $61.0 $- 35.6%
1870 $194.5 47.3% $411.3 $37.8 $- 44.6%
1875 $157.2 54.6% $288.0 $- $- 36.1%
1880 $184.5 55.3% $333.5 $- $- 27.6%
1885 $181.5 56.1% $323.7 $- $- 32.6%
1890 $229.7 57.0% $403.1 $- $- 27.6%
1900 $233.2 41.1% $567.2 $- $- 27.4%
1910 $233.7 34.6% $675.2 $- $- 15.0%
1913 $318.8 44.0% $724.1 $35.0 $- 17.6%
1915 $209.8 30.1% $697.9 $47.0 $- 12.5%
1916 $213.7 27.3% $782.5 $121.0 $- 8.9%
1917 $225.9 20.1% $1,124.3 $373.0 $- 7.7%
1918 $947.0 25.8% $3,664.6 $2,720.0 $- 31.2%
1920 $886.0 13.2% $6,694.6 $4,032.0 $- 16.8%
1925 $547.6 14.5% $3,780.1 $1,697.0 $- 13.0%
1928 $566.0 14.0% $4,042.3 $2,088.0 $- 13.8%
1930 $587.0 14.1% $4,177.9 $2,300.0 $- 19.2%
1935 $318.8 8.4% $3,800.5 $1,100.0 $- 15.6%
1940 $331.0 6.1% $5,387.1 $2,100.0 $800.0 12.6%
1942 $369.0 2.9% $12,799.1 $7,900.0 $1,200.0 13.4%
1944 $417.0 0.9% $44,148.9 $34,400.0 $1,900.0 10.6%
1946 $424.0 0.9% $46,400.0 $28,000.0 $1,900.0 7.7%
1948 $408.0 0.9% $47,300.0 $29,000.0 $2,500.0 5.5%
1950 $407.0 0.9% $43,800.0 $26,200.0 $3,000.0 4.5%
1951 $609.0 1.1% $56,700.0 $35,700.0 $4,100.0 5.5%
1955 $585.0 0.8% $71,900.0 $46,400.0 $6,100.0 5.1%
1960 $1,105.0 1.1% $99,800.0 $62,200.0 $12,200.0 7.3%
1965 $1,442.0 1.2% $116,800.0 $74,300.0 $22,200.0 6.7%
1970 $2,430.0 1.3% $192,800.0 $123,200.0 $44,400.0 6.0%
1975 $3,676.0 1.3% $279,100.0 $163,000.0 $84,500.0 3.7%
1980 $7,174.0 1.4% $517,100.0 $308,700.0 $157,800.0 2.9%
1985 $12,079.0 1.6% $734,000.0 $395,900.0 $255,200.0 3.6%
1990 $11,500.0 1.1% $1,032,000.0 $560,400.0 $380,000.0 2.8%
1995 $19,301.0 1.4% $1,361,000.0 $747,200.0 $484,500.0 2.6%
2000 $19,914.0 1.0% $2,025,200.0 $1,211,700.0 $652,900.0 1.6%
2005 $23,379.0 1.1% $2,153,600.0 $1,205,500.0 $794,100.0 1.4%
2010 $25,298.0 1.2% $2,162,700.0 $1,090,000.0 $864,800.0 1.3%
--------------------------------------------------------------------------------------------
Notes:
All dollar amounts are in millions of U.S. dollars
Income taxes include Individual and Corporate taxes
Federal expenditures often exceed Revenue by temporary borrowings.
Initially the U.S. Federal Government was financed mainly by customs(tariffs
Average Tariff Rate % = Customs Revenue/ cost of Imports (goods)
Tariffs are often called Customs or duties on imports, etc.
Tariffs have played different roles in trade policy and the nation's economic history. Tariffs (often called customs) were by far the largest source of federal revenue from the 1790s to the eve of World War I, until they were surpassed by income taxes...
.. Custom duties are one the easiest taxes to collect, and the cost of collection is small....
-------------
Cost of collection is small, so we need to supplement tariffs with 100% inspection of imports - paid by the importers - to make jobs. They will be jobs of all types.
GB
wiki:
--------
Trade tariffs in the United StatesU.S. Historical Tariffs (Customs) Collections by Federal Government
(All dollar amounts are in millions of U.S. dollars)[3][4][5][6][7][8]
--------------------------------------------------------------------------------
Year Tariff
Income Budget
% Tariff Federal
Receipts Income
Tax Payroll
Tax Average
Tariff
1792 $4.4 95.0% $4.6 $- $- 15.1%
1795 $5.6 91.6% $6.1 $- $- 8.0%
1800 $9.1 83.7% $10.8 $- $- 10.0%
1805 $12.9 95.4% $13.6 $- $- 10.7%
1810 $8.6 91.5% $9.4 $- $- 10.1%
1815 $7.3 46.4% $15.7 $- $- 6.5%
1820 $15.0 83.9% $17.9 $- $- 20.2%
1825 $20.1 97.9% $20.5 $- $- 22.3%
1830 $21.9 88.2% $24.8 $- $- 35.0%
1835 $19.4 54.1% $35.8 $- $- 14.2%
1840 $12.5 64.2% $19.5 $- $- 12.7%
1845 $27.5 91.9% $30.0 $- $- 24.3%
1850 $39.7 91.0% $43.6 $- $- 22.9%
1855 $53.0 81.2% $65.4 $- $- 20.6%
1860 $53.2 94.9% $56.1 $- $- 15.0%
1863 $63.0 55.9% $112.7 $- $- 25.9%
1864 $102.3 38.7% $264.6 $- $- 32.3%
1865 $84.9 25.4% $333.7 $61.0 $- 35.6%
1870 $194.5 47.3% $411.3 $37.8 $- 44.6%
1875 $157.2 54.6% $288.0 $- $- 36.1%
1880 $184.5 55.3% $333.5 $- $- 27.6%
1885 $181.5 56.1% $323.7 $- $- 32.6%
1890 $229.7 57.0% $403.1 $- $- 27.6%
1900 $233.2 41.1% $567.2 $- $- 27.4%
1910 $233.7 34.6% $675.2 $- $- 15.0%
1913 $318.8 44.0% $724.1 $35.0 $- 17.6%
1915 $209.8 30.1% $697.9 $47.0 $- 12.5%
1916 $213.7 27.3% $782.5 $121.0 $- 8.9%
1917 $225.9 20.1% $1,124.3 $373.0 $- 7.7%
1918 $947.0 25.8% $3,664.6 $2,720.0 $- 31.2%
1920 $886.0 13.2% $6,694.6 $4,032.0 $- 16.8%
1925 $547.6 14.5% $3,780.1 $1,697.0 $- 13.0%
1928 $566.0 14.0% $4,042.3 $2,088.0 $- 13.8%
1930 $587.0 14.1% $4,177.9 $2,300.0 $- 19.2%
1935 $318.8 8.4% $3,800.5 $1,100.0 $- 15.6%
1940 $331.0 6.1% $5,387.1 $2,100.0 $800.0 12.6%
1942 $369.0 2.9% $12,799.1 $7,900.0 $1,200.0 13.4%
1944 $417.0 0.9% $44,148.9 $34,400.0 $1,900.0 10.6%
1946 $424.0 0.9% $46,400.0 $28,000.0 $1,900.0 7.7%
1948 $408.0 0.9% $47,300.0 $29,000.0 $2,500.0 5.5%
1950 $407.0 0.9% $43,800.0 $26,200.0 $3,000.0 4.5%
1951 $609.0 1.1% $56,700.0 $35,700.0 $4,100.0 5.5%
1955 $585.0 0.8% $71,900.0 $46,400.0 $6,100.0 5.1%
1960 $1,105.0 1.1% $99,800.0 $62,200.0 $12,200.0 7.3%
1965 $1,442.0 1.2% $116,800.0 $74,300.0 $22,200.0 6.7%
1970 $2,430.0 1.3% $192,800.0 $123,200.0 $44,400.0 6.0%
1975 $3,676.0 1.3% $279,100.0 $163,000.0 $84,500.0 3.7%
1980 $7,174.0 1.4% $517,100.0 $308,700.0 $157,800.0 2.9%
1985 $12,079.0 1.6% $734,000.0 $395,900.0 $255,200.0 3.6%
1990 $11,500.0 1.1% $1,032,000.0 $560,400.0 $380,000.0 2.8%
1995 $19,301.0 1.4% $1,361,000.0 $747,200.0 $484,500.0 2.6%
2000 $19,914.0 1.0% $2,025,200.0 $1,211,700.0 $652,900.0 1.6%
2005 $23,379.0 1.1% $2,153,600.0 $1,205,500.0 $794,100.0 1.4%
2010 $25,298.0 1.2% $2,162,700.0 $1,090,000.0 $864,800.0 1.3%
--------------------------------------------------------------------------------------------
Notes:
All dollar amounts are in millions of U.S. dollars
Income taxes include Individual and Corporate taxes
Federal expenditures often exceed Revenue by temporary borrowings.
Initially the U.S. Federal Government was financed mainly by customs(tariffs
Average Tariff Rate % = Customs Revenue/ cost of Imports (goods)
Tariffs are often called Customs or duties on imports, etc.
Tariffs have played different roles in trade policy and the nation's economic history. Tariffs (often called customs) were by far the largest source of federal revenue from the 1790s to the eve of World War I, until they were surpassed by income taxes...
.. Custom duties are one the easiest taxes to collect, and the cost of collection is small....
-------------
Cost of collection is small, so we need to supplement tariffs with 100% inspection of imports - paid by the importers - to make jobs. They will be jobs of all types.
GB