What did the Payne Aldrich Tariff Act do?

What did the Payne Aldrich Tariff Act do? Taft signed the bill into law and later praised it as “the best tariff bill the Republican Party ever passed.” It lowered rates on 650 items, raised rates on 220, and made no change on 1,150. It also included a corporate tax and provided for a commission … Continue reading What did the Payne Aldrich Tariff Act do?