How did the state of Maryland justify having the authority to tax the National bank

1 answer:

8 0

They are a sovereign state, that has the authority to tax all bussiness within it´s borders. Later this came to one of the firsts big cases on the Supreme Court, given the fact the it´d set an example for the other states on the possibility of taxing or going agaisnt federal desicions. Eventually the Supreme court would prohibit Maryland from taxing the National bank cause <em>"The power to tax, is the power to destroy".</em>

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