He was a founding father in the United states (Williams p.1 ). Another advantage was that Washington appointed him secretary of the Treasury of the New Nations. It’s not just the position, its the people that helped him and supported
Tessa Nugent US History to 1877 Professor Gray 2/18/2018 Economic Genius After reading the Taking sides “The Hamiltonian Miracle” by John Steele Gordon. I have concluded that Alexander Hamilton is an economic genius of his time. According to John Steele Gordon, Hamilton’s knowledge of public finance helped him set a course for the American economy in a way that nobody else could.
Even today Alexander Hamilton is remembered as a great person who would do anything for his country. Alexander made a difference in the world by helping America not go broke after all of their debts. He is certainly a hero because ohis courage as a soldier and a Secretary of treasure. Perhaps if people were more like Alexander Hamilton the world would be a better place to live
The Electoral College system assures balanced power between the states, puts the independent parties under control, grants balanced voting, and supports the major political parties. The Electoral College has proven itself to be very sufficient in determining the president and the vice president of the United States. Since this system has been successful since our Founding Fathers created it, there should be no reason as to why we should get rid of the Electoral
The Bank of the United States was a necessity that our nation could not do without because it created a national currency, created new money through borrowing, and expanded the national economy. The bank would be the capstone of Alexander Hamilton 's financial plan. His plan was for the states debts and federal debts all be assumed by the federal government under the impression that it would bring the states closer to the national government. The willingness of the American people to repay their debts drew the attention of foreign investors. While the first part of Hamilton 's financial plan was successful, many people were still opposed to the idea.
S corporations are considered to be pass-through tax entities. They file an informational federal return, but no income tax is paid at the corporate level. The profits/losses of the business are instead “passed-through” the business and reported on the owners’ personal tax returns. Any tax due is paid at the individual level by the owners. Another difference would be personal income taxes.
Don’t Be Shocked When Your History Book Mentions Me Alexander Hamilton was the most influential figure in early American history. The significance of the other Founding Fathers are important, of course, but Hamilton had the most lasting impact. Looking around at the America we live in today, what we see is the future that Hamilton envisioned and fought for. The policies he created and his personal beliefs shaped our world.
In 1789, Alexander Hamilton took office as the first United States Secretary of the Treasury. Hamilton believed in centralized government and wanted to create ways for the nation as whole to pay off all war debts, raise government revenues, and create a national bank. Amongst many of Hamilton’s duties as Secretary of Treasury; was to formulate a financial plan to alleviate the country’s hefty debt from the Revolutionary War. He believed that since most of the war debt was incurred by the States but for the benefit of the entire nation, the debts from the war should be assumed by the federal government.
The delegates wrote this Constitution with tyranny in mind; how could the Constitution guard against one person or group from gaining too much power? The Constitution protects against tyranny because the 55 delegates established: federalism, separation of powers, checks & balances, and equal representation. Federalism helps guard against tyranny by making sure not one government has too much power. In Document A, it is clearly stated that James Madison, a main contributor to the Constitution, wanted “[a] compound republic of America” to provide a “double security” for our rights. As both central and state governments in the compound republic have different functions, this helps keep our states in a union while letting the states stay independent.
President Theodore Roosevelt opened the doors of opportunity for America when he began the progressive era during his presidency. Starting in 1890 the progressive era was a time in U.S. history that focused on utilizing the government to assist society with their struggles such as poverty, racism, work conditions, and much more. Roosevelt was the first of three progressive presidents but was definitely not the most progressive of them. Woodrow Wilson, the most progressive president, was ironically the one to put an unintentional end to the progressive era but made huge accomplishments as well as some failures during his presidency leading him to become one of the best presidents that the U.S. has seen.