USA HISTORY

Detailed explanation-1: -England’s Seven Years’ War (1756–1763) and its counterpart waged in America, the French and Indian War (1754–1763), doubled Britain’s national debt. In order to recoup some of the losses Britain incurred defending its American colonies, Parliament decided for the first time to tax the colonists directly.

Detailed explanation-2: -In 1765, parliament passed the Stamp Act to help pay down the war debt and finance the British army’s presence in the Americas. It was the first internal tax directly levied on American colonists by parliament and was met with strong resistance.

Detailed explanation-3: -These tax stamps were issued as a result of the 1765 Stamp Act passed by the British Government to extract taxation from its American Colonies to contribute towards the cost of their defence from enemy forces during the Seven Years War.

Detailed explanation-4: -The British needed to station a large army in North America as a consequence and on 22 March 1765 the British Parliament passed the Stamp Act, which sought to raise money to pay for this army through a tax on all legal and official papers and publications circulating in the colonies.

Detailed explanation-5: -The British thought the colonists should help pay for the cost of their own protection. Furthermore, the French and Indian War had cost the British treasury £70, 000, 000 and doubled their national debt to £140, 000, 000.