Archive for the 'Tax' Category

A PARTY IN BOSTON ON THIS DAY IN 1773

EBL: Yesterday In History: The Boston Tea Party: December 16, 1773

In Boston Harbor, a group of Massachusetts colonists disguised
as Mohawk Indians boarded three British tea ships and dump 342
chests of tea into the harbor.

The midnight raid, popularly known as the “Boston Tea Party,”
was in protest of the British Parliament’s
Tea Act of 1773, a bill
designed to save the faltering East India Company by greatly
lowering its tea tax and granting it a virtual monopoly on the
American tea trade. The low tax allowed the
East India Company
to undercut even tea smuggled into America by Dutch traders,
and many colonists viewed the act as another example of
taxation tyranny.

Opinion | Was the Boston Tea Party a patriotic act -- or a crime? - The ...

posted by Bob Karm in ANNIVERSARY,HISTORY,Protest,Tax and have No Comments

RECOVERY TAX ACT SIGNED ON THIS DAY

How to Repeal the Tax Loophole That Allows Companies to Hide Their Profits in Offshore Accounts ...

On August 13, 1981, at his California home Rancho del Cielo,
Ronald Reagan signed the Economic Recovery Tax Act (ERTA),
a package of tax and budget reductions that set the tone for his administration’s trickle-down economic policy.

Ronald Reagan as he explained the Tax Reform Act of 1986, one of the biggest pieces of ...

posted by Bob Karm in ANNIVERSARY,HISTORY,POLITICAL,President,Tax and have No Comments