Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Why was the tea act seen by many americans as a threat to themselves and their institutions?

0
Posted

Why was the tea act seen by many americans as a threat to themselves and their institutions?

0

The Tea Act was an Act of the Parliament of Great Britain (13 Geo III c. 44, long title An act to allow a drawback of the duties of customs on the exportation of tea to any of his Majesty’s colonies or plantations in America; to increase the deposit on bohea tea to be sold at the East India Company’s sales; and to empower the commissioners of the treasury to grant licences to the East India Company to export tea duty-free.), passed on May 10, 1773. Previously, the East India Company had been required to sell its tea exclusively in London on which it paid a duty which averaged two shillings and six pence per pound.[1] The East India Company would now be allowed to export its tea directly to the colonies without paying the taxes it was paying in London “to export such tea to any of the British colonies or plantations in America, or to foreign parts, discharged from the payment of any customs or duties whatsoever”, and instead only required to pay the Townshend import duty of three pence

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123