Thomas Jefferson did not approve of the whiskey excise and the protective tariff that President Hamilton was able to approve in Congress. As soon as Jefferson was elected, he looked at ways to deal with the United States' fiscal state, and abolished all of the internal taxes in the United States including the whiskey excise and the protective tariff.Continue Reading
President Hamilton wanted the whiskey excise tax because he felt that the tax was needed in order to provide the United States with additional funding. This funding was paramount to his new assumption plan. He also felt that the whiskey industry had enough prominence and revenue to be able to handle the tax.
Jefferson did accept Hamilton's excise tax because he had already accepted the assumption plan. Madison was also forced to accept the excise tax without question because he too had already given his approval of the assumption plan and this was the way that Hamilton was going to pay for his plan. When Jefferson took office, he wanted to end Hamilton's plan and did not believe that it was successful. He went to Congress with four goals, which included reducing the people's taxes, decreasing the national debt, balancing the budget and limiting government spending.Learn more about US History