He proposed that congress pass a tariff,or tax, on all foreign goods brought into this country.
The federal government has the power to discuss bills and proposals for new or altered laws. The government is given the most power in the country. The federal government has the power to discuss bills and proposals for new or altered laws. The government is given the most power in the country.
The government spends it.
he believed in saving money for the people
The branch of the government that can coin money is the Legislative branch, which is Congress.
He proposed that congress pass a tariff,or tax, on all foreign goods brought into this country.
revenue
it only has value because the government says it does
They raised money for the government and encouraged the growth of American industry's.
Hamilton's policies were most favorable to the wealthy. this way, the rich would be more willing to give money to the government, and then the government could use that money to help the poor. this way, everyone benifitted=)
revenue
revenue.
The bank that Thomas Hamilton wanted to have created so that the federal government can deposit money raised from taxes.
Fiat money is the term used to describe money that has it's value determined by the law or government. This means that most currencies are fiat money as most currencies are government issued.
Tax law requires the payment of money to the government; there is no choice.
The biggest economic problem for Alexander Hamilton and his new government was recovering from the 54 million dollar federal debt arising from the Revolution. The states owed another 25 million. Confederate paper money was worthless.
Yes, Alexander Hamilton was a Federalist. This meant that he was in favor of a strong federal government. Under the Articles of Confederation, the Federal Government had little power over the states, something that was a big problem. Hamilton favored a new document to govern the country, and therefore supported the ratification of the Constitution. Under the Constitution, the Federal government would have the power to issue money, and regulate trade and taxes.