Timeline of Revenue Acts

By Selfbm
  • Sugar Act

    Sugar Act
    Parliament passed a modified version of the Sugar and Molasses Act, which was about to expire. Under the Molasses Act, colonial merchants had been required to pay a tax of six pence per gallon on the importation of foreign molasses. But because of corruption, they mostly evaded the taxes and undercut the intention of the tax. This hurt the British West Indies market in molasses and sugar and the market for rum. The goverment thought it woould be great util they say the way the colonists acted.
  • Currency Act

    the currency act was passed to help control the colonial currency system. Preventing the colonies from printing their own money and controlling the printing and usage of the money. Overall this act reduced most national debt. Many colonists didn't like this act because they couldn't print their own money and spend it in some ways that they wanted. The government liked this act because they had control over all currency in most of the colonies and were making some profit in the process.
  • Stamp Act

    Stamp Act
    This act would be described at tax imposed by the British government on the American colonies. The new tax was created for all American colonists, requiring them to pay a tax on every piece of printed paper they used. The main goal was to raise the money needed for military defenses of the colonies. The colonists reacted immediately. They knew that they wanted this act gone. For the government's reaction, Benjamin Franklin appealed the Stamp Act in front of the British House of Commons.
  • Tea Act

    Tea Act
    The Tea Act was designed to bring back up The East India Company which was going downhill financially and suffered from eighteen million pounds of unsold tea. The colonists were fed up with all of the taxations are refused to unload the tea cargo on the ships. on December 16, 1773, 340 chests of tea were dumped into Boston Harbor by the Sons of Liberty group. The Tea Act actually heavily gave the government large amounts of debt.