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King George needed the money from the tax to pay the bills for his war with France in the French/Indian War, and also in the Pomeranian War, the Third Carnatic War, and the Third Silesian War.

Historians call this group of wars "The Seven Years' War", and it involved most of the major nations back then, including North America, Central America, the west coast of Africa, India, parts of Europe, and the Philippine Islands.

These wars almost doubled the British national debt, hence the need for more tax income.

The Seven Years' War is considered a world war.

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