B
Bennie_P
Guest
I wish I could find some kind of actually rates, but that is hard, because it boils down to commerce, and not income, nor sales tax which the average American today is burden with. But many of the colonist traders finding themselves very rich at one point, over extended themselves with debt (speculation of trade) based on thier earlier success, then they (colonist traders) passed the cost of thier debt on to the lower classes. Then when England found herself over taxed at home due to the cost of French/Indian Wars and tried to ease some of that burden by placing modest taxes/duties on to the colonist whom benefited from the protection of the crown, physical and in international trade/shipping. The rebellion was spurned on by the refusal of the businessman/traders/merchants to take responsibilty for thier own indebtness and to take the cut in profits that go with the ups and downs in trade.Care to back this claim up with some actual facts or is this just something that you have been told in your family?
What was the actual rate of taxes as compared to the actual income at the time?
Part of the issue also goes to the fact that some of the taxes levied by the British government where on non-British imports of which they included things from the colonies in.
None of this tax was an actually tax on the individual in the same way today’s tax burden falls upon the individual which is the average working American and not so much on the large business and traders.
tax.org/Museum/1756-1776.htmDuring the Stamp Act debate, many colonial commentators, including Ben Franklin, had attempted to delineate the spheres of influence between Parliament and local legislatures by distinguishing “external” from “internal” taxation. This distinction
collapsed once the colonists realized that Townshend’s “external” taxes on imports, rather than regulating commerce, strove to raise revenue much like the “internal” Stamp Act had. The fact that the duties imposed were moderate did not mollify the critics.