Why Was The East India Company Allowed Tea Tax Exemption In The Tea Act Of 1773? The tea tax was kept in order to maintain Parliament’s right to tax the colonies. The Tea Act was not intended to anger American colonists, instead it was meant to be a bailout policy to get the British East
What Was The Reason For The Tea Act? On April 27, 1773, the British Parliament passes the Tea Act, a bill designed to save the faltering East India Company from bankruptcy by greatly lowering the tea tax it paid to the British government and, thus, granting it a de facto monopoly on the American tea
What Did The Sugar Act Of 1764 Put Taxes On? Under the Molasses Act colonial merchants had been required to pay a tax of six pence per gallon on the importation of foreign molasses. … The act also listed more foreign goods to be taxed including sugar, certain wines, coffee, pimiento, cambric and printed calico,
What Did The Sugar Act Not Tax? On April 5, 1764, Parliament passed a modified version of the Sugar and Molasses Act (1733), which was about to expire. … The Sugar Act reduced the rate of tax on molasses from six pence to three pence per gallon, while Grenville took measures that the duty be