USA HISTORY

Detailed explanation-1: -Stamp Act of 1765 (1765) The Stamp Act of 1765 was ratified by the British parliament under King George III . It imposed a tax on all papers and official documents in the American colonies, though not in England.

Detailed explanation-2: -Stamp Act. Parliament’s first direct tax on the American colonies, this act, like those passed in 1764, was enacted to raise money for Britain. It taxed newspapers, almanacs, pamphlets, broadsides, legal documents, dice, and playing cards.

Detailed explanation-3: -Repeal. The Stamp Act became one of the most controversial laws ever passed by Parliament, and after several months of protests and boycotts which damaged British trade, it was repealed on 18 March 1766.

Detailed explanation-4: -Parliament passed the Stamp Act on March 22, 1765, to pay down a national debt approaching £140, 000, 000 after defeating France in the Seven Years War (1763). A year earlier, Parliament passed the Sugar Act, their first revenue-raising measure.

Detailed explanation-5: -The initial assessed rate of tax was one penny per whole newspaper sheet, a halfpenny for a half sheet, and one shilling per advertisement contained within. Other than newspapers, it required that all pamphlets, legal documents, commercial bills, advertisements, and other papers be issued the tax.