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Petitioning President Obama

Raise Import Tariffs by at least 20%

Before the FIT tax (Federal Income Tax) the biggest source of federal revenue was from import tariffs. The US could sustain itself on tariffs alone. Higher tariffs give American jobs a fighting chance against cheap imported goods. Higher tariffs also means that the American people would be taxed less and would stimulate the economy just as well or possibly better than the FIT. However the tariff on imports is at a meager 1.2%.

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