USA HISTORY

Detailed explanation-1: -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-2: -Britain surmised that the best way to raise funds for their arrearage would be to exact taxes. Few if any taxes raised substantial sums of money. Taxes were imposed both internally and externally to accumulate funds to pay for the war. The stamp tax was levied for just those reasons.

Detailed explanation-3: -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. Both taxes promised dire consequences in a post-war economy.

Detailed explanation-4: -In an effort to raise funds to pay off debts and defend the vast new American territories won from the French in the Seven Years’ War (1756-1763), the British government passes the Stamp Act on March 22, 1765.

Detailed explanation-5: -The American colonists were angered by the Stamp Act and quickly acted to oppose it. Because of the colonies’ sheer distance from London, the epicenter of British politics, a direct appeal to Parliament was almost impossible. Instead, the colonists made clear their opposition by simply refusing to pay the tax.