To: muawiyah
First off, I'm a Yankee who merely understands history. In the decades that preceded the Civil War, over 75% of all revenue came from Southern States (sometimes as high as 90%). Southern States were forced to buy either (1)Northern goods and inflated prices, or (2) imported goods with a massive tariff. Those Tariff revenues were then funneled back into subsidizing Northern Industry.
65 posted on
05/30/2005 7:19:36 PM PDT by
Remember_Salamis
(A nation which can prefer disgrace to danger is prepared for a master, and deserves one!)
To: Remember_Salamis
Well, "protecting it" ~ the gross value of Northern industrial production far exceeded the taxes received by the US government from all sources.
Remember, the US government used to be kind of small ~ Newhampshiresque in fact.
The point I was making was that Southerners got even with the North with the imposition of a national income tax.
69 posted on
05/30/2005 7:27:22 PM PDT by
muawiyah
(q)
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