The inference
from the whole is, that the individual States would, under the proposed
Constitution, retain an independent and uncontrollable authority to
raise revenue to any extent of which they may stand in need, by every
kind of taxation, except duties on imports and exports. It will be shown
in the next paper that this CONCURRENT JURISDICTION in the article of
taxation was the only admissible substitute for an entire subordination,
in respect to this branch of power, of the State authority to that of
the Union.
PUBLIUS
____
FEDERALIST No. 34
The Same Subject Continued
(Concerning the General Power of Taxation)
From the Independent Journal.
Saturday, January 5, 1788.
HAMILTON
To the People of the State of New York:
I FLATTER myself it has been clearly shown in my last number that the
particular States, under the proposed Constitution, would have COEQUAL
authority with the Union in the article of revenue, except as to duties
on imports. As this leaves open to the States far the greatest part of
the resources of the community, there can be no color for the assertion
that they would not possess means as abundant as could be desired for
the supply of their own wants, independent of all external control.
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