revenue tariff


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Related to revenue tariff: protective tariff

revenue tariff

n.
A tariff imposed chiefly to generate public revenue.

revenue tariff

n
(Economics) a tariff for the purpose of producing public revenue. Compare protective tariff

rev′enue tar`iff


n.
a tariff or duty imposed on imports primarily to produce public revenue.
[1810–20, Amer.]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.revenue tariff - a tariff imposed to raise revenue
tariff, duty - a government tax on imports or exports; "they signed a treaty to lower duties on trade between their countries"
References in periodicals archive ?
5 per cent revenue tariff prevents the industry from developing more affordable public courses.
If a tariff's primary purpose is to generate tax revenue for a country, it is a revenue tariff.
He went on to describe the Constitution Party's intention to replace the income tax with a revenue tariff, promoting the concept that it is better to assess tariffs on foreign products and foreign companies than to lay taxes upon American business and American workers.
This paper intends to show that growth will not necessarily increase the tariff revenue of a country, assuming that the country always imposes a maximum revenue tariff.
tariffs were unconstitutional; only revenue tariffs were constitutionally sanctioned.
But as I have argued ("The Myth of Free Trade Britain and Fortress France: Tariffs and Trade in the Nineteenth Century," Journal of Economic History 51 [March 1991]: 23-46) and subsequent research has revealed, the distinction between revenue tariffs and protective tariffs is not easy to make.