Why was the ruling in McCuIIoch v. Maryland significant?

1 Answer
Dec 18, 2015

Because the Supreme Court ruled it constitutional for the federal government to create a federal bank and unconstitutional for a state to tax it, due to the Elastic Clause and Supremacy Clause, respectively.

Explanation:

Read more about the case here and [here.](https://en.wikipedia.org/wiki/McCulloch_v._Maryland)

Read about the Elastic Clause here .
Read about the Supremacy Clause [here.](https://en.wikipedia.org/wiki/Supremacy_Clause)