apr 5, 1764 - Sugar Act
Description:
Was a tax passed by the British to pay for the Seven Years War. It taxed sugar and decreased taxes on molasses in British colonies in America. This restricted smuggling. It was also a use of mercantilism. It arrived in the colonies during an economic depression. It was an indirect tax, but the colonist knew about it.Added to timeline:
Date:
apr 5, 1764
Now
~ 262 years ago