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Tariffs, Taxes, and Political Dynamics
This chapter explores the historical role of tariffs as a primary funding mechanism for the U.S. before income tax, highlighting their impact on economic stability and long-term planning. The discussion also delves into the complexities of political messaging regarding taxation and wealth distribution, underscoring disconnects between affluent and struggling communities. Finally, it examines the challenges facing the Democratic Party amidst evolving political dynamics, with a focus on identity politics and their effects on the working class.