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How did US federal government raise money before income tax?
AnswerThrough excise taxes (taxes on businesses), import/export taxes, transaction taxes (taxes on property transfers), sales taxes, property taxes, etc. etc. The government has taxed pretty much everything throughout its time. Heck, they even tax your property when you die (estate taxes).
What triggered the periods of growth and decline of the US federal debt?
debt and bankruptcy
How much does the US government spend on the arts?
43 cents Per American in the United States, this comes out of taxes. Note that this is just how much support the US government puts into the arts, not how much the art industry profits every year.
What is the main cause for US debt?
At its simplest definition, if the government spends more then it gains, in a single year, then it has, what is called a 'budget deficit'. If there is a deficit, it adds to the US debt.
Did Great Britain enforce paying taxes after the Revolutionary War?
After the Revolutionary War, the Us was an independent country and Britain had no authority to levy taxes or to collect them in the US. Of course, Britain continued to collect taxes from the remainder of its Empire.
