Import duty

Definition and stakes

Various,  Blackwood's Edinburgh Magazine…

“ The imposition of a moderate import duty upon the produce, whether rude or manufactured, of all other nations, but with an entire exemption to our own colonies, is obviously the first step in the right direction, and would go far to alleviate our distresses, and at the same time replenish the public Treasury and avert our external dangers. ”
Source: Gutenberg

Portrait of Henry Billings Brown Henry Billings Brown,  Dooley v. United States (183 U.S. 151…

“ Now, while an import into one port almost necessarily involves a prior export from another, still, in determining the character of the tax imposed, it is important to consider whether the duty be laid for the purpose of adding to the revenues of the country from which the export takes place, or for the benefit of the territory into which they are imported. ”
Source: Wikisource

Get perspective with Kwize: daily news enlightened by great literature