Hamilton argued that a national bank was important in order to control trade, collect tax, and provide for common defense. Towards the end of the song, My Shot, he sings “We need to handle our financial situation, are we a nation of states? What’s the state of our nation?” (Hamilton) His words depict him as an individual who is passionate and determined to make a change regarding the financial crisis. His dedication led to his success. He believed that “the federal government also had to establish it’s right to impose direct taxes on people” (US History Textbook, The American Vision). Hamilton also issued that congress pass a tariff which is a tax based on imported foreign goods. He thought that this would ensure protection of the Americans against foreign affairs. A negative result of one of Hamilton’s suggested taxes included the whiskey rebellion. Hamilton decided that whiskey should be taxed because the southerners did not contribute enough. After his suggestion, many farmers and men were enraged and immediately rebelled. Washington and his men marched towards the rebels to put them down; however, the matter was resolved appropriately and nobody was hurt. Although a fight did not occur, the rebellion was a prominent example of failure regarding the financial
Hamilton argued that a national bank was important in order to control trade, collect tax, and provide for common defense. Towards the end of the song, My Shot, he sings “We need to handle our financial situation, are we a nation of states? What’s the state of our nation?” (Hamilton) His words depict him as an individual who is passionate and determined to make a change regarding the financial crisis. His dedication led to his success. He believed that “the federal government also had to establish it’s right to impose direct taxes on people” (US History Textbook, The American Vision). Hamilton also issued that congress pass a tariff which is a tax based on imported foreign goods. He thought that this would ensure protection of the Americans against foreign affairs. A negative result of one of Hamilton’s suggested taxes included the whiskey rebellion. Hamilton decided that whiskey should be taxed because the southerners did not contribute enough. After his suggestion, many farmers and men were enraged and immediately rebelled. Washington and his men marched towards the rebels to put them down; however, the matter was resolved appropriately and nobody was hurt. Although a fight did not occur, the rebellion was a prominent example of failure regarding the financial