Free Markets and Indirect Taxation-Federalist no. 12

In this episode, Mike gives a brief overview of how the Constitution accounts for human avarice and is able to grasp that concept and make it beneficial rather than a socialist system. Hamilton explains why indirect taxation is more adequate than direct taxation. Hamilton lays out a federal uniform structure to collect revenue through taxes on imports. And finally, Mike draws the comparison between taxation on spirits (alcohol) and marijuana taxation.

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