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In his testimony to the Parliament in Feb. 1766, Ben Franklin estimated the tax rate in Colonial Pennsylvania at 12.5%. But as he was arguing that Americans already paid their fair share of taxes, he had every reason to exaggerate. (By comparison, the British tax rate at that time was about 20%; In 2006, the tax rate in the U.S. was 17%., and in Britain 26%). So the revolution saved us about 9% in taxes (but of course we have to pay that out in private health insurance!).
What else can I help you with?
What does Great Britain do to deal with war debt?
After incurring heavy debt from wars with France including the Seven Years Wars and the French and Indian Wars, Britain decided to recoup its losses by setting up a mercantile system in its wealthy Atlantic coast colonies. Harsh tax laws like the Stamp and Townshend Acts drew a very negative response from colonists. These hostilities eventually led to the Thirteen Colonies War of Independence against Great Britain.
Why US fight against England?
Really??? Tyranny (spelling?)...the English had let the colonies be free for the most part, then the King decided to try and take control again and there was a tax surge. So the Americans raged war on England. and king george taxed them on their waffle irons and if i could not have waffles i would go to war too
The reasons that started the Revolutionary War?
1.) freedom from british government 2.) be able to trade with whomever theyd like 3.) intolerable and all other acts are gone 4.) to many arrguements over religion and government! 5.) british soldiers gone
How was the tax rate in World War 2?
19422419%88%$200,000$2.75MRevenue Act of 194219442423%94%$200,000$2.54MIndividual Income Tax Act of 1944 Any way the tax average percentage was 19 to 23 percent during the war on income taxes. Most of the funding for the war came from war bonds.
Why did the continental congress have such a difficult time raising money for the war?
The Continental Congress faced significant challenges in raising money for the Revolutionary War primarily due to a lack of centralized authority and the inability to impose taxes. The Articles of Confederation, which governed the colonies, did not grant the Congress the power to tax, leading to dependence on voluntary contributions from the states, which were often insufficient. Additionally, the colonies were already burdened with their own debts and financial struggles, making it difficult to rally support for a unified war effort. This financial instability hindered the ability to adequately fund the Continental Army and sustain the war against Britain.
Britan had the right to tax the colonies?
No. Britain didn't have the right to tax the colonies
Why did Britain tax the colonies and what was there reaction?
They tax the colonies because they were in debt for sending their troops to protect the western lands.
Why did Britain begin to heavily tax the colonies?
HoloHolo
Why did Britain's government tax colonies?
to make more money
Why did Britain begin taxting or trying to tax the colonies?
to raise money
Parliament had the right to tax the colonist without their consent?
Yes. The colonies were British subjects and therefore were under the rule of the king. The tax rate for the colonies was less than for the people living in Britain. The legendary story about the Boston Tea Party is about the tea tax, but in reality the tax was lowered and not raised. The problem rose with the tax when the smugglers' of Dutch tea was higher than the British tea. This was business. The population of the colonies really were not concerned about taxes.
What did virtual representation mean for the colonies?
Virtual representation was a scapegoat to let Parliament tax the colonies even though the colonies couldn't elect members for Parliament. It meant Britain could tax the colonies without colonial representation.
Acts passed to punish the colonies for rebelling against the stamp act?
The cider tax was passed to punish the colonies for rebelling against the stamp act. The cider tax was a tax by Britain for alcoholic beverages and ciders.
What tax did Britain make on colonies after the french and Indian war?
the sugar act, and the stamp act
What did great Britain's decision to tax the American colonies on imported goods cause the colonists to do?
write the declaration of independence and separate from great Britain.
Why did Britain try tax the colonies?
Britain had just defeated France in the Seven Years' War for acquirement of the Ohio River Valley and Canada. Britain obtained a large debt from this war, and needed to create revenue to help pay it. Since this war was fought to gain land for the colonies and in their own defense, Britain decided to heavily tax the colonists without their consent.
Why did Britain try to tax colonies?
Britain had just defeated France in the Seven Years' War for acquirement of the Ohio River Valley and Canada. Britain obtained a large debt from this war, and needed to create revenue to help pay it. Since this war was fought to gain land for the colonies and in their own defense, Britain decided to heavily tax the colonists without their consent.
