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To: Phosgood
By the time of the “Civil” War, 75% of the Federal budget was derived from tariffs on exports (tobacco and cotton) from southern ports.

Nope. Actually 0% of the federal budget was derived from tariffs on exports, since the US government has never had a tariff on any export.

Tariffs are paid on imported goods, not exported goods. An Iowa farmer paid exactly the same tax (indirectly) on a tariffed product as an Alabama cotton planter.

Can we please put away this ignorant claim for good?

21 posted on 01/01/2013 1:55:32 PM PST by Sherman Logan
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To: Sherman Logan

By the time of the “Civil” War, 75% of the Federal budget was derived from tariffs on exports (tobacco and cotton) from southern ports.

I DID NOT STATE THAT CORRECTLY>

By the time of the “Civil” War, 75% of the Federal budget was derived from tariffs on IMPORTS on goods from Europeans whose shippers were then BUYERS of (tobacco and cotton) from southern ports.


24 posted on 01/01/2013 9:57:14 PM PST by Phosgood (Send in the Clowns...but Wait, they're here!! >..<)
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