A History of Taxation Practices, Chapter Eight: Tax and The Boston Tea Party
W. Marc Gilfillan, CPA, NC, individual business CPA Tax expert, shares history taxes...
Ah.... he historical event obviously concerning abusive taxes. Boston Tea Party protest at British tax tea, we told? No, bit. colonies boycotting English tea 5 be Boston Tea Party! Ty actually smuggled Dutch tea we qe prosperous. Te tea British tea tax paid. Obviously, British didn't boycott. So, British bypassed duties home. Parliament allowed British tea merchants disregard import tax getting tea England pass money saved colonies wn shipped tea ty sold British tea price lower Dutch smuggled tea. feeling pressure today's taxes, CPA Tax Preparation in Raleigh, NC tax-related needs!
But wd sell British tea?
They loyal British merchants located colonies. colonists cheaper British tea th included tax? Yes. result loyal British merchants business taxes we England. However, colonists care tax vy much; receiving inexpensive tea. However, non-British MERCHANTS le process. British merchants, gaining assistance England, basically established monopoly tea sales. colony merchants wd matter time be me British enterprises wd created identical mechanism ty forced business. he help modern-day Tax Return in Raleigh, NC.
So, collection MERCHANTS appeared Natives, walked boat containing British tea tossed water. crowning peak American tax protest? Nope. Boston Tea Party viewed senseless desecration private property period private property viewed important. Boston Tea Party looked sit wl colonists. Ben Franklin shocked told merchants tt complete restitution paid immediately owners tea. However, io war.
However, colonists soon fd masses war vessels, battalions redcoats, cannons lot scarier tax collectors. ironic pt is, America lose war, ft England expensive wage war England. ar war, America astounding debts taxes, wh representation ty we enormous.
Keep eye W. Marc Gilfillan's chapter History Taxes series: Taxes Slavery Civil War.
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