The findings suggest U.S. consumers will continue to struggle with high prices — something Trump had promised to address in the run-up to his re-election.
The source of the protestors’ anger was the passage of the Tea Act by the Parliament of Great Britain on May 10, 1773, which allowed the East India Company (EIC) to sell Chinese tea in the colonies without paying taxes apart from those imposed by the Townshend Acts.
So you read all of that, and came away with “checks out”? If they were technically correct, maybe. But the way their post was stated, they implied the colonies were freaking out over a tax cut that benefited them. Instead, it was the age old tradition of cutting taxes for the wealthy and continuing to tax the Americans disproportionately.
The Boston Tea Party happened because with the cut in tax it became unprofitable to smuggle tea. Americans are extremely ignorant about their own history.
Is that what you were told? The Boston Tea Party was caused by a cut in taxes.
Checks out
So you read all of that, and came away with “checks out”? If they were technically correct, maybe. But the way their post was stated, they implied the colonies were freaking out over a tax cut that benefited them. Instead, it was the age old tradition of cutting taxes for the wealthy and continuing to tax the Americans disproportionately.
A company being exempt from taxes isn’t a ‘tax cut’.
No, it is.
The Boston Tea Party happened because with the cut in tax it became unprofitable to smuggle tea. Americans are extremely ignorant about their own history.