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[ruddy]

"… it must necessarily follow, that some one portion of the community must pay in taxes more than it receives back in disbursements; while another receives in disbursements more than it pays in taxes… The necessary result, then, of the unequal fiscal action of the government is, to divide the community into two great classes; one consisting of those who, in reality, pay the taxes, and, of course, bear exclusively the burthen of supporting the government; and the other, of those who are the recipients of their proceeds, through disbursements, and who are, in fact, supported by the government; or, in fewer words, to divide it into tax-payers and tax-consumers."
John C. Calhoun (7th Vice President) - 1850

[plys]

what is it 47% to 53% consumers to payers right now?........when the balance tips the other way the country will experience a downward spiraling shitstorm of chaos......better stockpile guns and food.....

[avikar76]

When he was around the primary tax revenue came from tariffs. If you didn't buy imported goods or goods made with imported machinery, you didn't pay federal taxes.

[choviohoya]

Yup, he predicted it right.

The Democrat party looks out for the tax-consumers.

The Republican party looks out for the tax-payers (whether working class or upper class).

[langford59]

I wonder where that would put GE, ExxonMobil, and the other corporate 'super-citizens' who receive more from the the government than they put in.

[wardell]

eeerily Prophetic.. wasn't he???

He was correct indeed..

[barclay76]

Yes, he foresaw the future accurately.

[jomei69]

Yes, so was Karl Marx and Friedrich Hayek.