Summary: Do you know what we have in common with our early American forebears? Taxes. As Benjamin Franklin stated in 1789, “nothing is certain but death and taxes.” Given the certainty of taxes it seems important that we understand how the United States’ fiscal system developed. Today, we explore the development of the early American fiscal system with Max Edling, Professor of History at King’s College, London and author of A Hercules in the Cradle: War, Money, and the American State, 1783-1867.
