To: TheConservativeBanker; All
My ratios may be off a bit, but prior to the Civil War approximately 75% of federal taxes were collected from Southern states while approximately 75% of federal spending was in Northern states. This arrangement allowed Northern crony capitalists to profit from slavery, while permitting a plausible deniability of guilt attached to slavery.
Do you have a link or any documentation for this game-changing (if true) fact?
18 posted on
09/29/2020 6:12:39 AM PDT by
notdownwidems
(Washington D.C. has become the enemy of free people everywhere!)
To: notdownwidems
This article is not an original source, but describes the taxation/public expenditure dynamic between the northern and southern states generally.
https://www.marottaonmoney.com/protective-tariffs-the-primary-cause-of-the-civil-war/
The 75% - 25% dynamic is a memory from a 1974 economic history course in my graduate education. The course was taught by a “northern professor” who held that slavery was an important cause of the war and he did not consider the tax/expenditure dynamic to be controversial from a historical perspective. I’m sorry to not have sources closer to original data, but given more time and attention could probably locate more nearly original sources. Marotta - the primary author of the article - is a money manager (not a Southern partisan) with a genuine interest in economic history.
To: notdownwidems
Do you have a link or any documentation for this game-changing (if true) fact?If it ain't true, it ain't a fact!
24 posted on
09/29/2020 10:12:24 AM PDT by
JimRed
(TERM LIMITS, NOW! Build the Wall Faster! TRUTH is the new HATE SPEECH.)
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