Calhoun saw “that some people in the community must be net payers of tax funds, while others are net recipients.” (In today’s parlance, makers and takers.) By his theory, the net gainers of tax monies were “the ‘ruling class’ of the exploiters”; the net losers of tax funds were “the ‘ruled’ or the exploited.” In other words, Calhoun and Rothbard inverted how most people would construe who had power over whom. A man whose wealth came from slavery was a victim of government tax collectors, and poorer voters were the exploiters to watch out for.

