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Chicken Tax
The Chicken Tax is a 25 percent tariff on light trucks (and originally on potato starch, dextrin, and brandy) imposed in 1964 by the United States under President Lyndon B. Johnson in response to tariffs placed by France and West Germany on importation of U.S. chicken. The period from 1961 to 1964 of tensions and negotiations surrounding the issue was known as the "Chicken War", taking place at the height of Cold War politics. Eventually, the tariffs on potato starch, dextrin, and brandy were lifted, but since 1964 this form of protectionism has remained in place to give US domestic automakers an advantage over imported competitors. Though concern remains about its repeal, a 2003 Cato Institute study called the tariff "a policy in search of a rationale." As an unintended consequence, several importers of light trucks have circumvented the tariff via loopholes, known as tariff engineering. For example, Ford, which was one of the main beneficiaries of the tax, also evaded it b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Florida Chicken House
Florida ( ; ) is a state in the Southeastern region of the United States. It borders the Gulf of Mexico to the west, Alabama to the northwest, Georgia to the north, the Atlantic Ocean to the east, the Straits of Florida to the south, and The Bahamas to the southeast. About two-thirds of Florida occupies a peninsula between the Gulf of Mexico and the Atlantic Ocean. It has the longest coastline in the contiguous United States, spanning approximately , not including its many barrier islands. It is the only state that borders both the Gulf of Mexico and the Atlantic Ocean. With a population of over 23 million, it is the third-most populous state in the United States and ranks seventh in population density as of 2020. Florida spans , ranking 22nd in area among the states. The Miami metropolitan area, anchored by the cities of Miami, Fort Lauderdale, and West Palm Beach, is the state's largest metropolitan area, with a population of 6.138 million; the most populous city is Ja ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
