
The Dig: Founding Finance with William Hogeland
Jacobin Radio
00:00
The Whiskey Tax Is a Blatantly Regressive Tax
Hamilton presented the whiskey tax as a kind of innocuous luxury tax on an item on a luxury item you can take it or leave it if you don't want to. The people in western pennsylvania around Pittsburgh and in the mountains there could see exactly what this tax was doing to them. It really just sort of crushed the place where the where democratic action had really shifted to that the the west which would be at that time around the Ohio River in western Pennsylvania. There's a through line between how America gets formed as a nation and as a regressive a financially re fiscally regressive nation so the whiskey tax is just blatantly regressive, he says.
Play episode from 01:21:36
Transcript


