Alexander Hamilton On Regressive Taxation
By Miles Kimball, Confessions of a Supply-Side LiberalThe Federalist Papers #36
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By Miles Kimball, Confessions of a Supply-Side LiberalThe Federalist Papers #36
Alexander Hamilton's Attempted Formal Argument For A Robust Federal Power Of Taxation It is said that at the door of Plato’s academy were the words “ Let no one ignorant of geometry enter." For those with the kind of Classical education common to many of the rich and cultured in Alexander Hamilton’s 18th century audience, this would have given geometry great prestige. In the Federalist Papers #31, Alexander Hamilton tries to borrow that prestige to make an argument for the proposed constitution’s power of federal taxation - and to castigate the opponents of the Constitution as if they...