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Which part of Alexander Hamilton’s financial plan did Thomas Jefferson disagree with and why?

A. The Excise Tax because the tax cut into the profits of the farmers.
B. The Tariff because it cut into the profits of the industries in the North.
C. The National Bank because it took profits and money from the State banks.
D. The National Bank because it was unconstitutional or not mentioned in the Constitution.

1 Answer

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Thomas Jefferson opposed Alexander Hamilton's financial plan because he thought it was too expensive, that it gave too much power to the federal government, and because he favored a vision of America as a nation of small farmers, not industrial workers.

User Yasser Mohsen
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