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History Details For - Tea Act

1/1/1773
To protest the tax on tea, the American colonists had essentially stopped buying tea from the East India Company. There were nearly 17 million pounds of tea in the companies London warehouses. If they didn't sell it off soon, it would begin to rot. The tax on tea was initially 2 taxes -- one when it landed in Britain for sale or transshippment and the other (3 pennys a pound) when the shipment landed in America. The Tea Act (sponsored by Lord North), decided to forgive the British side of the tax. This tax would have lowered the price of the tea to below the price being offered by smugglers.

The British once again miscalculated how the American colonists would react to this. First, the smugglers wanted to prevent cheap tea from entering the colonies. American ship captains refused to ship East India tea on their vessels. Second, the merchants in the colonies almost immediately joined up with the Sons of Liberty in protest of the tea tax (once again).

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