Revenue Tariffs, Whose Main Purpose Is Raising Revenue, Were by Far

question 86

True/False

Revenue tariffs, whose main purpose is raising revenue, were by far the most significant source of federal revenue in the United States before the income tax was made constitutional by the Sixteenth Amendment to the U.S. Constitution in 1913.

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Definitions:

Notice

Formal communication or warning given in a prescribed manner by one party to another regarding actions, rights, or obligations.

Commercial Parking Lot

A parking facility designed to accommodate vehicles, typically operated for profit.

Warning

A form of communication intended to inform individuals about potential risks or dangers associated with certain actions or behaviors.

Liability

The state of being legally responsible for something, particularly for debts or legal obligations.