Confederate States of America's Taxation Policy Failure in 1863

Presenter Information

Justin Ellis

Document Type

Oral Presentation

Campus where you would like to present

SURC 301

Start Date

17-5-2012

End Date

17-5-2012

Abstract

The Confederate government struggled to finance its war efforts. In an attempt to create a strong financially and stable economy, its congress passed the Tax and Assessment act of April 25th, 1863. The act, however, failed to accomplish what it was intended to do. Because the Confederate government remained weak because states’ rights continued to be the dominant political philosophy, the act failed. To understand its failure, this paper examines the Confederate Constitution, the Confederate bank ledgers, and it explores the rising rate of inflation throughout the war.

Faculty Mentor(s)

Daniel Herman

Additional Mentoring Department

History

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May 17th, 3:40 PM May 17th, 4:00 PM

Confederate States of America's Taxation Policy Failure in 1863

SURC 301

The Confederate government struggled to finance its war efforts. In an attempt to create a strong financially and stable economy, its congress passed the Tax and Assessment act of April 25th, 1863. The act, however, failed to accomplish what it was intended to do. Because the Confederate government remained weak because states’ rights continued to be the dominant political philosophy, the act failed. To understand its failure, this paper examines the Confederate Constitution, the Confederate bank ledgers, and it explores the rising rate of inflation throughout the war.