Excise taxes

disagreement they had about the tax on whiskey. After the Revolutionary war, the United States had borrowed money to meet expenses. Government needed to find a way to pay all those debts and the only possible way for them was to add on taxes. “In 1791 Congress placed an excise tax on whiskey; an idea suggested by Secretary of the Treasury Alexander Hamilton as a measure to help retire the…

The debate continues on the legalization of marijuana for medical and recreational purposes. The truth is, the legalization of marijuana is good for Washington’s economy. If you look back in history, a variation of it was grown during colonial times to be used in making rope, paper, sails and fabric. On the other hand, during Harry J. Anslinger’s time as commissioner of the Federal Bureau of Narcotics during the 1930’s, he created wild stories to discourage the use of marijuana. In order to…

Although there is no guidelines as to what exactly constitutes an indirect expropriation, there exists some approaches to determine whether indirect expropriation occurs or not. The following is the domain doctrines in the term of indirect expropriation. 3.2.1 Police Power Doctrine A number of tribunals have attempted to restrict the nature of the protection so that States will not be subject to claims for compensation where the regulation, which might otherwise be tantamount to…

The use of tobacco is one the main health worries the world faces today. However, there are vital initiatives underway both in the United States and around the world to control the use of tobacco. Along with these plans, public health organizations are looking for ways to control tobacco products and to reduce the addictiveness. Tobacco use causes diseases that are preventable and cause disability. In addition, tobacco use can lead to health problems that can have deadly consequences not only…

In the argumentative essay “Drugs: Case for Legalizing Marijuana”, Vidal explains how to stop most drug addictions by simply making all drugs available while selling them at government cost. Legalization of marijuana could bring impairment to the people who choose to use it. While driving under the influence, collisions are more prone to happen. However, marijuana in America should be legalized because marijuana will create more job opportunities and money for the state, be used for medical…

it’s the national debts. Hamilton wrote “Mr.Jefferson…[displays]his dislike of ...funding [the]debt.”(Doc.2) Jefferson wrote in a letter the reason why “The public detestation of the excise text is universal, and has now associated it to a destination of the government.”(Doc.3) Jefferson believes by lowering(end) the taxes is more important than the national debt. One may also says, he believe public support is more important than national debt. In addition, the interpretation of the…

These included excise duty, forest taxes, water taxes, mines coinage etc. Much of the state revenue was expended on paying the army, the officials of the royal government, on charities and on different public works like irrigation projects, road construction etc. Mauryan Judicial System…

From 1789 to present day, a total of 2,566 vetoes have occurred. The founding fathers created three branches of government for the separation of powers, placing the President under the Executive Branch Granted by the Constitution, presidents have the power to veto congressional enactments. For the purpose of checks and balances, the final step to passing a law lies in presidential approval, in which the president may sign the bill into law or veto it. The president returns the veto with no…

from the Revolutionary War, during which time a great amount of debt had been incurred. United States Secretary of the Treasury, Alexander Hamilton, proposed a bill to help prevent the national debt from growing any larger. This bill would put an excise tax of 25% on all distilled spirits and was approved by both houses during the 1791 winter session of Congress. “The Treasury Secretary considered liquor a “luxury” item, when in reality the tax burdened the poor farmers on the country’s western…

usage. This paper will proceed to analyze the arguments made by the proponents of Prop 64. One of the prominent proponents of Prop 64 is the group Californians for Responsible Marijuana Reform. According to the group, via Prop 64’s fifteen percent excise tax, annual revenue may eventually exceed one billion dollar…