TIL About the Smoot-Hawley Act, Which was the 20% Across the Board Tariff That Deepened the Great Depression and Resulted in the Largest Senate Seat Loss in History - eviltoast
realitista@lemm.ee to Today I Learned@lemmy.worldEnglish · 2 months ago

TIL About the Smoot-Hawley Act, Which was the 20% Across the Board Tariff That Deepened the Great Depression and Resulted in the Largest Senate Seat Loss in History

en.wikipedia.org

213
1.38K

TIL About the Smoot-Hawley Act, Which was the 20% Across the Board Tariff That Deepened the Great Depression and Resulted in the Largest Senate Seat Loss in History

en.wikipedia.org

realitista@lemm.ee to Today I Learned@lemmy.worldEnglish · 2 months ago
213
Smoot–Hawley Tariff Act - Wikipedia
en.wikipedia.org
  • TronBronson@lemmy.worldEnglish
    1·
    2 months ago

    Some, but it does work nicely as a regressive tax to offset their tax cuts. It’s really hard to see who’s winning in the race to destroy the global economy, someone has to right?