Hawley-Smoot Tariff
To protect American factory owners against competition from British manufacturers
levying income tax
why didnt congress amend the Aticles so it could impose a tariff
protect infant industriesLevying an income tax
lower tariff rates
Answering "How were the Payne-Aldrich Tariff and the Underwood Tariff Act similar?" Answering "How were the Payne-Aldrich Tariff and the Underwood Tariff Act similar?" Answering "How were the Payne-Aldrich Tariff and the Underwood Tariff Act similar?"
It was a tariff that Congress wanted to pass for high tariffs to protect American industries.
to protect prices on american goods
The Underwood Tariff lowered the basic tariff rate. It lowered the rate from 40 percent to 25 percent. It is also known as the Revenue Act of 1913, Underwood Act, and Tariff Act.
The Sixteenth Amendment
It was Alexander Hamilton who urged Congress to pass a protective tariff to encourage the growth of manufacturing. Alexander Hamilton was one of the Founding Fathers of the United States.
A tariff that wasn't even meant to pass congress. It stipulated a ridiculously high import tariff, and the foreign economic response mainly affected the Southern States.
Hawley-Smoot Tariff
Alexander Hamilton urged Congress to pass a protective tariff to encourage the growth of industrialization. Alexander Hamilton was the Chief of Staff to the first President of the United States, George Washington.
To protect American factory owners against competition from British manufacturers
encouraged merchants to import by reducing or eliminating tariff rates.