Question

What’s the purpose of a revenue tariff?
A. To pay for specific social-support programs.
B. To tax lower income people at a higher rate.
C. To raise money for the government.
D. To retaliate against protective tariffs.

Answer 1

What’s the purpose of a revenue tariff? To raise money for the government. When the government puts a revenue tariff on something they are charging a tax on goods to bring in more revenue when items are imported. Their goal is to raise funds by allowing the goods to be imported and exported not ban them from doing so.