Hamilton expected that the revenue to pay the interest on the national debt would come from
A) sales taxes and licensing fees.
B) customs duties and excise tax.
C) income and property taxes.
D) western land sales and foreign loans.
E) foreign aid.

Question

Quizplus · Accepted Answer

Hamilton expected that the revenue to pay the interest on the national debt would come from customs duties and excise tax, as these were reliable sources of income for the federal government at the time.

Hamilton Expected That the Revenue to Pay the Interest on the National