What the hell money are you talking about? The money the cotton planters didn’t ,pay in taxes? The money they didn’t pay in tariffs? How in the hell did the North steal their money?
You are just nuts. What color is the sky in your world? And what’s the source for you 40% number? You fevered imagination?
Can you get the word "taxes" out of your brain for a minute?
There would be *NO MONEY* going to the North. There would be no taxes import/export or otherwise, because there would be no money going to the North.
200 million in value and money would be exchanged directly between the South and Europe.