Remembering the GOP tax policy heritage

From a newspaper editorial circa 1910:

As is well known, the Republicans think that the happiness and prosperity of the Nation are due to high tariff taxes, and the expenditure of an enormous surplus thus produced. The election gave signs that others than Republicans, and even many Republicans, have had enough of that kind of happiness, but the information has not yet extended to all those still exercising authority. The President’s message appreciated the situation, and he sounded a note of warning against extravagance. When commenting upon this counsel of perfection we remarked that it would do well to await the action of Congress before taking it for granted that the President’s counsel would be heeded. The clerks off the appropriation committees have completed their tabulations, and the figures indicate such an excess over last year’s expenditures that there is talk of raising more money by new taxes.

via Division of Labour: I swear I don’t make this stuff up c. 1910.

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