An Object Lesson On the Tariff; What the Tariff Taxes Cost a Typical New York Town ...

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I will now institute a comparison of the amount of taxes paid on woolen goods per year in the town of Ossining, a political organization within definite metes and bounds, "with the amount of the State, county, and school tax, and the audited town bills for the year 1886 : The proportion of the woolen tax on the goods sold in Sing Sing for tliat year would be for the town of Ossin- ing 143,930.51 out of f49,639. . Fully one-ninth of woolens for the same year are to be added for. purchases made b
...y privg,te parties in New York City tor tbeir own use, equal to $4796 of tax, which., added to ,143,930.51 makes for the town $48,811 68 The amount of assessed taxation for purposes indicated was' for the State ' $8,863 34 For the county 15,S00 65 For school purposes 5,503 33 For audited town bills,. 8,334 45 Totalof town taxes>,... 37,80157 Excess of the woolen tax over the assessed taxes of the , town ; ;. $11,010 11 10 AN OBJECT LESSON ON THE TARIFF.
For the same year the total of tariff additions to the price of woolen goods of American manufacture consumed in Ossining, allowing that one-tenth of the inhabitants who purchase in New York City use a proportionate share, would be 133,541 12 We have already found that the Government derives a net revenue of $11,072 from the sale of $100,000 worth of woolen goods purchased for the Sing Sing market in one year at a cost to the consumers of the goods of 450 per cent.


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