
How Jackson-era tariffs almost led to Carolina conflict 30 years before Civil War
Fox News
In Episode 2 of "The Unauthorized History of Taxes," Fox Nation explores the lead-up to the establishment of the Internal Revenue Service and President Lincoln's institution of the first federal income tax.
With the North being the main manufacturing center, the institution of tariffs had an outsized financial effect on the South -- which often relied on either the North, the English, or the French for their goods. "Tariffs have a history of having a lot of corruption and cronyism -- it was a lot about whom government officials knew," explained Veronique de Rugy, a research fellow at George Mason's Mercatus Center in Northern Virginia.More Related News