Summary
Federalist No. 30 is an essay by Alexander Hamilton, the thirtieth of The Federalist Papers. It was first published in the New York Packet on December 28, 1787, under the pseudonym Publius, the name under which all The Federalist papers were published. This is the first of seven essays by Hamilton on the then-controversial issue of taxation. It is titled "Concerning the General Power of Taxation".
 Alexander Hamilton, author of Federalist No. 30 | |
| Author | Alexander Hamilton |
|---|---|
| Original title | Concerning the General Power of Taxation |
| Country | United States |
| Language | English |
| Series | The Federalist |
| Publisher | New York Packet |
Publication date | December 28, 1787 |
| Media type | Newspaper |
| Preceded by | Federalist No. 29 |
| Followed by | Federalist No. 31 |
Brief Precis edit
Alexander Hamilton details that taxes are important to government. Hamilton believes that the power to collect taxes deemed necessary is crucial for the government. Hamilton then details the differences between internal and external taxes. He argues that the federal government needs a power of taxation equal to its necessities, both present, and future. External taxes alone cannot provide enough revenue for a government as extensive as the one proposed, especially in a time of war. He believes that the young country could not survive without funds.
History edit
Federalist No. 30 is an important paper that was much needed during the latter part of the 1700s. Since America had just won the American Revolution, the country needed to find a way to set up a system for the financial situation. Hamilton was worried that the people would not appreciate the taxes. However, he believed that taxes were necessary in order to let the citizens live freely and without fear of their country going bankrupt.
James Madison seemed to have had an issue with who had the power of taxation. He did not believe that the legislative branch had the right to tax to contribute in helping the welfare.[1]
References edit
External links edit
- Text of The Federalist No. 30: congress.gov