Though I am not a fan of Alexander Hamilton, for he was a statist, he understood the original intent of the Constitution, and he understood the economics expected by the anti-federalists. In Hamilton's share of the Federalist Papers, often he dialed back his statism, and wrote what needed to be said to the anti-federalists of New York in the hopes of getting them to ratify the new United States Constitution.
"There is no part of the administration of government that requires extensive information and a thorough knowledge of the principles of political economy, so much as the business of taxation. The man who understands those principles best will be least likely to resort to oppressive expedients, or sacrifice any particular class of citizens to the procurement of revenue. It might be demonstrated that the most productive system of finance will always be the least burdensome." --Alexander Hamilton: Federalist No. 35
-- Political Pistachio Conservative News and Commentary
No comments:
Post a Comment