Victor Davis Hanson
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Podcast Appearances
nullification argument by South Carolina before the Civil War, people said they are protecting the Yankees, where I think there was about four or five states that were responsible for almost all the tariff revenue, New York, Massachusetts, where all of the industry was at that time, and around the Great Lakes area. So the argument was... Wilson, the progressive movement elected Wilson.
He said, we're going to now, we have the mandate and we've got people who want to have cheaper prices by lowering tariffs and making up the difference with an income tax and the income tax will affect not everybody. It was 1%, just 1%. And then he needed allies. There wasn't enough Democrats. So they went over to
He said, we're going to now, we have the mandate and we've got people who want to have cheaper prices by lowering tariffs and making up the difference with an income tax and the income tax will affect not everybody. It was 1%, just 1%. And then he needed allies. There wasn't enough Democrats. So they went over to
He said, we're going to now, we have the mandate and we've got people who want to have cheaper prices by lowering tariffs and making up the difference with an income tax and the income tax will affect not everybody. It was 1%, just 1%. And then he needed allies. There wasn't enough Democrats. So they went over to
The recently emeritus president, Teddy Roosevelt, and they said to him, essentially, if you have an income tax, it will be consistent with your progressive advocacy of helping people have lower prices and it will only be 1%. Okay. And actually had a gradation where it went up to 2%, 3% based on income.
The recently emeritus president, Teddy Roosevelt, and they said to him, essentially, if you have an income tax, it will be consistent with your progressive advocacy of helping people have lower prices and it will only be 1%. Okay. And actually had a gradation where it went up to 2%, 3% based on income.
The recently emeritus president, Teddy Roosevelt, and they said to him, essentially, if you have an income tax, it will be consistent with your progressive advocacy of helping people have lower prices and it will only be 1%. Okay. And actually had a gradation where it went up to 2%, 3% based on income.
But it will also give you the revenue to rearm because Roosevelt was a big, you know, the great white fleet and he wanted to warm and they could see already. This is a year before World War I broke out, and they could see what was going to happen, and they knew we were disarmed. So he said, we need to have a military-industrial complex, and we need bases in the South.
But it will also give you the revenue to rearm because Roosevelt was a big, you know, the great white fleet and he wanted to warm and they could see already. This is a year before World War I broke out, and they could see what was going to happen, and they knew we were disarmed. So he said, we need to have a military-industrial complex, and we need bases in the South.
But it will also give you the revenue to rearm because Roosevelt was a big, you know, the great white fleet and he wanted to warm and they could see already. This is a year before World War I broke out, and they could see what was going to happen, and they knew we were disarmed. So he said, we need to have a military-industrial complex, and we need bases in the South.
So this was a great period when they started to acquire land in the South for military bases to get Southern votes and to get the progressive Republicans involved. So it was very easy to pass. It wasn't that low. It was sold on the idea that it would give this huge amount of revenue and create a military for the first time that was permanent. And it would be very cheap, 1% to 2%.
So this was a great period when they started to acquire land in the South for military bases to get Southern votes and to get the progressive Republicans involved. So it was very easy to pass. It wasn't that low. It was sold on the idea that it would give this huge amount of revenue and create a military for the first time that was permanent. And it would be very cheap, 1% to 2%.
So this was a great period when they started to acquire land in the South for military bases to get Southern votes and to get the progressive Republicans involved. So it was very easy to pass. It wasn't that low. It was sold on the idea that it would give this huge amount of revenue and create a military for the first time that was permanent. And it would be very cheap, 1% to 2%.
1% for most people. 40% of the people would pay 1%. Okay. So they passed it. And that made it legal. And then that same year, they had the Revenue Act that they put the specifics into it. Now that the Polack decision had been reversed, it was okay to have an income tax without apportionment. So then they went in and said they decided that, okay.
1% for most people. 40% of the people would pay 1%. Okay. So they passed it. And that made it legal. And then that same year, they had the Revenue Act that they put the specifics into it. Now that the Polack decision had been reversed, it was okay to have an income tax without apportionment. So then they went in and said they decided that, okay.
1% for most people. 40% of the people would pay 1%. Okay. So they passed it. And that made it legal. And then that same year, they had the Revenue Act that they put the specifics into it. Now that the Polack decision had been reversed, it was okay to have an income tax without apportionment. So then they went in and said they decided that, okay.
And then they went back when we were on the eve of getting into the war in 1916 and said, ah, we need to go up to 2%. So you could see where this was going. This is all very relevant, everybody, to what we're discussing now, because Donald Trump is not stupid. They think he is. He's not. He's cunning. He's sly. He's really smart.
And then they went back when we were on the eve of getting into the war in 1916 and said, ah, we need to go up to 2%. So you could see where this was going. This is all very relevant, everybody, to what we're discussing now, because Donald Trump is not stupid. They think he is. He's not. He's cunning. He's sly. He's really smart.
And then they went back when we were on the eve of getting into the war in 1916 and said, ah, we need to go up to 2%. So you could see where this was going. This is all very relevant, everybody, to what we're discussing now, because Donald Trump is not stupid. They think he is. He's not. He's cunning. He's sly. He's really smart.
And he understood that before there was an income tax, this country, mutatis mutandis, the necessary changes being made, was able to have enough revenue to with tariffs. So he's got that on his brain that there has to be other sources of revenue other than these high income taxes.