Federalist No. 35
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Federalist No. 35 is an essay by Alexander Hamilton, the thirty-fifth of the Federalist Papers. It was published on January 5, 1788 under the pseudonym Publius, the name under which all the Federalist Papers were published. This is the sixth of seven essays by Hamilton on the then-controversial issue of taxation. It is titled, "The Same Subject Continued: Concerning the General Power of Taxation."
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[edit] Brief Precis
In this essay, Hamilton argues that if the federal government's powers of taxation were confined to certain objects, it would place strain on those objects, especially in times of great need. This, he says, is dangerous to the economy as well as the government's source of revenue. In the interest of revenue itself, the government would be prevented from exceeding limits on articles, as it would destroy the market for that article. He later argues against a proposal that there should be a representative from each class of the economy. He says that the economy is far too interconnected to necessitate such a system.
[edit] External links
- Online text of Federalist No. 35
| Federalist Papers | List of Federalist Papers |
| Authors: Alexander Hamilton | James Madison | John Jay |
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| Related topics: Anti-Federalist Papers | United States Constitution |
