0
To pay off the Revolutionary War debt of $77 million, Hamilton largely utilized customs duties to pay off the debt plus the functioning of the Federal Government. (95 percent of revenues came from these duties on foreign goods).
There was no individual or business income taxes in those early years.
What else can I help you with?
How did Alexander Hamilton want the government to take over war debts of the states and pay for this debt?
taxing goods bought from foreign nations.
What did Hamilton want?
Alexander Hamilton wanted to establish government credit and a national bank to assure the United State's financial and industrial ascendancy. He took steps to protect American companies from foreign competition by putting tariffs in place on imported goods. He believed there was a need for the government to move beyond the confines of the Constitution in order for the country to succeed.
Did Alexander Hamilton want National Debt?
Yes.
Why did Alexander Hamilton want to stay out of foreign affairs?
Alexander Hamilton believed that staying out of foreign affairs was crucial for maintaining national stability and economic growth. He feared that entanglements in foreign conflicts could lead to divisions within the young nation and jeopardize its security. Hamilton advocated for a strong, independent economy and believed that prioritizing trade over military alliances would best serve America's interests. By avoiding foreign entanglements, he aimed to foster a sense of unity and focus on domestic development.
Did Alexander Hamilton like the British?
The British had a Strong National government. Alexander Hamilton want a strong National government. Hamilton and Jefferson were fighting all the time over that. That might be why. Federlists.
How did Alexander Hamilton want the government to take over war debts of the states and pay for this debt?
taxing goods bought from foreign nations.
Did Alexander Hamilton want National Debt?
Yes.
What did Hamilton want?
Alexander Hamilton wanted to establish government credit and a national bank to assure the United State's financial and industrial ascendancy. He took steps to protect American companies from foreign competition by putting tariffs in place on imported goods. He believed there was a need for the government to move beyond the confines of the Constitution in order for the country to succeed.
What kinf of economy did Alexander Hamilton want?
the feederalist plan
Did Alexander Hamilton like the British?
The British had a Strong National government. Alexander Hamilton want a strong National government. Hamilton and Jefferson were fighting all the time over that. That might be why. Federlists.
What type of government did hamilton want?
Alexander Hamilton was regarded as a founding father of the United States. Hamilton and his group supported a Strong Central Government
Why did Alexander Hamilton want to create a national debt?
It was to enhance the governments credit
What type of economy did Alexander hamilton want?
Novanet: Industrial and commerical.Industrial and commercial
What type of economy did Alexander hamilton want to develop?
Novanet: Industrial and commerical.Industrial and commercial
Why did Alexander hamilton want a bank?
because our new nation was in debt after the war against Britain
Why were Alexander Hamilton's plans to tax the Americans opposed by many southerners?
They did not want to bail the northerners out.
Why were Alexander Hamilton's plans to tax the American people opposed by many?
They did not want to bail the northerners out.
