The tea tax had been in place since 1767. The Tea Act granted exclusive distribution privilege to the East India Company (Trump admin granting privileges to Space X) so the parallels are there even if the timeline is off
The tea tax had been in place since 1767. The Tea Act granted exclusive distribution privilege to the East India Company (Trump admin granting privileges to Space X) so the parallels are there even if the timeline is off
I believe you may be confusing the Townshend Act of 1767, which was a generalized imposition of tariffs, with the Tea Act, which was not in place until 1773. The Tea Act was intended specifically as a bailout for the oligarchs in charge of the East India Company, which was having cash flow problems.
Right. The tax on tea did not come with the Tea Act of 1773. It had been in place since the Townshend Act six years prior. The original poster was linking the present tariff to a timeline from the Tea Act to the Tea Party. I was just pointing out that the timeline is a little of
No, you are correct that they are separate. Most of the Townshend taxes by that point had been repealed but the tea tax still remained. Colonists were smuggling tea into the country to avoid paying the tax. The Tea act gave west Indian trade a monopoly in tea that cut off their smuggling efforts
Correct. The tea Act created a monopoly for East India trading company and cut colonial merchants out of the tea business. While the cost of tea was lower, it forced colonists to pay the tea tax to the king, One of the only taxes not repealed from the Townshend act.
Maybe we won’t have to wait 7 months. Protests at Tesla dealerships around the country and Tesla and Cybertruck vandalization isn’t a terribly far cry from dumping EIC tea overboard. People are pissed
the 5050.1 protests all over the country a couple of weeks ago that the media barely noticed and then forgot about also. I guess we will see in the coming months