place a higher tax on it
legal authority to regulate the trade of Great Britain, and all her colonies
They could set taxes and regulate trade power.
They could set taxes and regulate trade power.
They could set taxes and regulate trade power.
congress didn't have the power to tax directly, regulate interstate trade, tax, form military, and finally they couldn't be changed easily.
Albany plan of union
The Articles of Confederation created a weak national government, and there were several functions it could not do, such as impose taxes. It also couldn't regulate trade.
legal herbs
The federal Congress could not establish a common currency, regulate interstate commerce, or levy taxes
Yes
Yes, taxation affects capital markets because it will discourage investors. With reduced taxes, investors are more inclined to invest because taxes will not hurt their profits too much.
Power to set state taxes.