How Did Alexander Hamilton Influence The Government

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Alexander Hamilton had a huge impact on the development of U.S. He proposed that the government assume the entire debt of the individual states therefore giving the power to the federal government. His debt plan was successful which made other countries to take interest in U.S. He also created the national bank which collect taxes, hold government funds and lend money. This was the first bank in America and was better way to organize its economy. The first step toward building nation's economy. He proposed excise tax to raise revenue to pay debt off. The major one was whiskey tax in which the producers were taxed not the consumers and people reacted to this aggressively leading to whiskey rebellion but government successfully collapsed the

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