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The Works of Alexander Hamilton, Vol. 9 (Classic Reprint)




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Hersteller:Forgotten Books (Hamilton, Alexander)
Stand:2015-08-04 03:50:33

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Produktbeschreibung

Excerpt from The Works of Alexander Hamilton, Vol. 9 The theory of our constitutions with respect to taxation is perhaps a new example in the world - that is to say a concurrent and co-ordinate authority in one general head and in thirteen (now fifteen) district members of a confederacy united under that head to impose in detail upon individuals and upon all taxable objects. Yet experience had demonstrated that a power in the general head to tax the States only in their collective capacities - that is, by the system of requisitions, was a system of imbecility and injustice: imbecility, because it did not produce to the common treasury the requisite supplies; injustice, because the separate efforts of the States under such a system, from the nature of things, would ever be unequal, and consequently their contributions disproportionate. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.


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