Revenue Acts

By abonn
  • Sugar Act

    The Sugar Act put a 3 cents tax on foreign sugar along with increasing taxes on coffee, indigo, and certain kinds of wine. This act was create to protect the British trade, prevent smuggling, and money matters. Many colonists felt this act upset the balance of trade for merchants in Northern seaports as it banned the direct shipment of several important commodities. The government liked this act as it made them money and prevented people from buying goods from other countries.
  • Currency Act

    The Currency Act was passed to help control the colonial currency system. Parliamentary favored the hard currency system and enforced it, preventing the colonists from printing their own money and controlling the printing and the usage of money. This act reduced most national debt. Many colonists didn't like this act because they couldn't print their own money and use it how they wanted. The government liked this act because they had control over all the currency and making some profit.
  • Stamp Act

    The Stamp Act was created for all American colonists, requiring to pay a tax on every piece of printed paper they used. Ship's papers, legal documents, licenses, newspapers, playing cards, and other printed papers were taxed. The government needed to raise money for military defenses of the colonies. The colonies reacted immediately, wanting the act gone. To get the act gone they debated, wrote documents and harassed tax collectors.
  • Townshend Act

    This act passed after the repeal of the Stamp Act, collecting money from colonists in America by applying customs duties on imports if glass, lead, certain paints, paper, and tea. The colonists wouldn't buy tea unless it was smuggled. They felt this act would threaten the right of Colonial legislation. The government continued to tax items of the colonists without their consent.
  • Tea Act

    The Tea Act was designed to bring back up the East India Company, which was going down financially, suffering with 18 million pounds of unsold tea. The colonists were fed up with the taxes and refused to unload the tea cargoes on ships. 340 chests of tea were dumped into the Boston Harbor. The Tea Act gave the government large amount of debt and granted the company a monopoly of imports and sale or tea.
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