And that was before the Federal Income Tax and the IRS.
And before the Federal Reserve Act.
….
So duties and tariffs and taxes on liquor were most of the revenue?
There were tariffs on everything imported from Europe, and the rates varied. The South produced 72% of all trade with Europe, and therefore they were responsible for creating 72% of the tax revenue stream funding the Federal government.
The four times larger Northern population was only creating 28% of the tax revenue for the entire nation.
It was the war for “Manifest Destiny”. Discuss.