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To: central_va

The cotton tax was one cent per pound, not 1%. It was a war tax that went into effect in October, 1862.

Do you seriously contend it was a contributing factor to southern states seceding in late 1860 and early 1861?

http://www.jstor.org/stable/25106505


72 posted on 01/19/2014 9:45:15 AM PST by Sherman Logan
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To: Sherman Logan
The cotton tax was one cent per pound, not 1%. It was a war tax that went into effect in October, 1862.

Right I meant to correct that 1 cent not 1%.

Morrill Tariff was a large contributor to Southern issues with FedGov™.

Only $3 million was collected(I guess in border states) prior to the end of the war from cotton taxes. Not that significant.

74 posted on 01/19/2014 9:50:05 AM PST by central_va (I won't be reconstructed and I do not give a damn.)
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