Timeline of Revenue Acts

By coltsgod13

  • Currency Act of 1764

    The Currency Act of 1764 was a law passed by British Parliament to regulate the issue and legal tender status of paper money in the colonial economy. This law was passed because the British law banned the minting of coins and the issue of official government money in America. The colonies quickly signed a petition and and the Act was revised in 1770. "1764 Currency Act." 1764 Currency Act. N.p., n.d. Web. 01 July 2016.

  • Stamp Act

    The Stamp Act was passed by the British Parliament and was imposed on all American colonists and required them to pay tax on very single piece of printed paper they used. This law was so offensive to the colonists because the Stamp Act was used to raise money in the colonies without the approval of the colonial legislatures. "A Summary of the 1765 Stamp Act." : The Colonial Williamsburg Official History & Citizenship Site. N.p., n.d. Web. 01 July 2016.

  • Declaratory Act

    The Declaratory Act was a measure issued by the British Parliament asserting its authority to make laws binding the colonists in all cases whatsoever including the right to tax. This was passed because when Parliament repealed the Stamp Act on March 1766. This new act meant that a Parliamentary majority could pass any law that they saw fit affecting British subjects and colonists. Every act the Parliament passed, the more of a threat they grew and colonists weren't happy about it.

  • Townshend Acts

    TheTownshend Acts included a revenue tax on seventy two consumer goods. This act imposed a new tax on wine, fruits, white and green glass, red and white lead, painter's colors, paper and pasteboard. These products were unimportant in the total amount of American trade and Britain maintained the monopoly, meaning that they could not buy from other countries other than Britain. The colonists boycotted and did not buy British goods and then in 1770, everything was taken back but the tax on tea.

  • Tea Act

    The Tea Act was intended to benefit the East India Company by giving the the right to sell tea in the colonies but it created a monopoly which the colonists took it as taxation without representation. Thus, some colonists dressed as Mohawk Indians and raided tea boats in the Boston Harbor and destroyed 92,000 pounds of tea. Mostly because of this incident, The Tea Act was the final policy on Britain and American colonies.