Federalist 30 – Hamilton

Having spent the better part of a half-dozen or so essays discussing matters of national defense,  Alexander Hamilton turns his attention to what should be considered his primary motivation for supporting the proposed Constitution: commerce, and in particular the taxing power.  The confederate government proved completely ineffectual in raising necessary funds to support the government, and the US Constitution largely corrected the deficiencies of the old system.  Here Hamilton defends the taxing power granted to the federal government as a necessary means of keeping the Nation solvent.

Hamilton begins by noting that the spending authority granted to the federal government by the Constitution necessitates the ability to tax in order to support said spending.

(more…)

Advertisement
Published in: on April 14, 2010 at 2:46 pm  Comments Off on Federalist 30 – Hamilton