Oct. 13, 2025 - Epoch Times
02:01
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| Time | Text |
|---|---|
| I was researching the history of tariffs in America and kind of gobsmacked at the fact that tariffs paid our bills and there was no income tax from 1786 to the mid-30s, even when income tax came in in 1913, they were like one to six percent. | |
| And I never learned that in U.S. history class. | |
| And that kind of made me mad. | |
| I was trying to describe the dynamic that I saw in the actions of the founding fathers and the legislation they crafted and the tariffs they enacted versus the system we're living in under today. | |
| External revenue service uh was what our founding fathers put in place. | |
| The internal revenue service, which targets our citizens, is the system we live in now. | |
| And I ask the audience and the economists and academics, what is a more free system for American citizens? | |
| What is a more free that you could be put in jail for not categorizing your expenditure deduction, right? | |
| Paying a third, 30, 40% of your wages to the federal government, or a system that requires a toll to enter the greatest consumer market in the world, America. | |
| We have two-thirds of our GDP is consumer spending. | |
| People aren't lining up to get into the Suriname market or Panama. | |
| They're lining up to get in America because we can spend money on high-end goods. | |
| And so in medieval times, the city of London would charge a bridge toll to come in and set up your stall and sell your wares. | |
| You'd pay that toll because you wanted access to that market. | |
| You can set your soul up out in Sherwood Forest, but you might get robbed. | |
| You might, you know, nobody's coming by there to buy stuff. | |
| You know, so to get into the first class market, you pay a toll. | |
| And that's what tariffs are. | |
| And that is how every American needs to understand and get behind President Trump on this and stop listening to the business media with their whining and whinging in opposition to this. | |
| They need to really focus and see how this was how America functioned for a very long time, the majority of its history. |
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