<span>Total federal revenues doubled from just over $517 billion in 1980 to more than $1 trillion in 1990. In constant inflation-adjusted dollars, this was a 28 percent increase in revenue.3As a percentage of the gross domestic product (GDP), federal revenues declined only slightly from 18.9 percent in 1980 to 18 percent in 1990.4<span>Revenues from individual income taxes climbed from just over $244 billion in 1980 to nearly $467 billion in 1990.5 In inflation-adjusted dollars, this amounts to a 25 percent increase.</span></span>
It's impact was i started all over the world
He became a leader in the abolitionist movement, which sought to end the practice of slavery, before and during the Civil War. After that conflict and the Emancipation Proclamation of 1862, he continued to push for equality and human rights until his death in 1895.
Answer:
Alexander Hamilton belonged to the Federalist Party, which supported the idea of a strong central government. He thought that the federal government should be able to keep a strong army and navy, to raise taxes, and to have good relations with Great Britain.
James Madison was on the opposite side. He was a member of the Democratic-Republican Party. This party favored a weak central government, and favored state and local power.
The biggest rift between Hamilton and Madison came when the issue of a federal bank came up in Congress. Hamilton wanted to create a Central Bank to take on the debts of the states, and to fund future programs and armies, Madison, as anti-federalist, naturally opposed this idea.
This rift was solved with the Compromise of 1790. The southerners, including James Madison, agreed to the creation of a national bank in exchange for having the new capital in southern territory (Washington D.C.).
