Considering Hamilton proposed and helped enact tariffs on imports to fund the Treasury, a national bank to, among other things, assume state debts, and was also key to the Federalist Party advocating strong central government, your polemic is an exercise in begging the question through and through. You've taken "limited power" to refer to whatever the current state of affairs is and draw a conclusion that any deviation is a slippery slope into Soviet-style bureaucracy.

Also, U.S. states don't have sovereignty by definition.