The Stamp Act was a direct tax imposed by the British Parliament specifically on the colonies of British America. The act required that many printed materials in the colonies be produced on stamped paper produced in London, carrying an embossed revenue stamp. These printed materials were legal documents, magazines, newspapers and many other types of paper used throughout the colonies. Like previous taxes, the stamp tax had to be paid in valid British currency, not in colonial paper money. The primary goal of the Stamp Act was to raise enough money to get military defenses of the colonies. “The tax was payable in scarce silver and gold coins and not in paper money which was the most common method of payment in the colonies.” (“Crisis and Significance”, Crisis and Significance, 2016) The Stamp Act leads to events that soon occurred after that. These events involved the “No Taxation without Representation” and the Declaratory Act. …show more content…
Because of the Stamp Act, the slogan “No taxation without Representation” was created.
The phrase was not about taxes, it was mainly about rights. It meant if the British government was not going to give Americans equal rights as citizens, they had no right to tax them. The Americans thought it was unfair that they could be taxed without having their say in Parliament, such as asking how these taxes were going to be used, and why they were being taxed in the first place. It showed that the colonists would not stand to be treated so unfairly. That they would need to have representation in Parliament if they were to be taxed. Americans wanted independence and to be treated as citizens not to be ruled
over.
“The Declaratory Act was a measure issued by British Parliament asserting its authority to make laws binding the colonists “in all cases whatsoever” including the right to tax.” (“The Declaratory Act”, The Declaratory Act, 2016) Basically, the law stated it had complete control over the colonist and what they said went. The Declaratory Act made it almost impossible for any colonial assembly to pass ant binding laws. It was a reaction to the failure of the Stamp Act. The British government yielded on the Stamp Tax because it prevented further progress of business and trade between the colonies.
“The significance of the Stamp act was due to the fact that for the first time the tax was installed not to regulate commerce and trade, but to directly squeeze money out of colonists. Moreover, the tax was introduced by a direct order from England without approval of the colonial legislature.” (“Stamp Act Facts”, Stamp Act Facts, 2016) The Stamp Act was the first direct tax on the American colonies. It stated that every legal document had to be written on specially stamped paper, it was a form of proof of payment. For example, in order to be legally married you have to have a document or a piece of paper that shows you have your marriage licenses. Otherwise, it was not recognized to be legal. This still affects people today who decide to get married, they have to go through this process and receive their marriage license all because of the Stamp Act. This also involves contracts that I will possibly sign when I later proceed in my career when I sign an agreement to to work with a company. We should expand our knowledge upon this subject for the reason being, it is what has made part of our lively hood today. The Stamp Act was a part of history that is still with us today and every day someone is abiding by the Stamp Act, whether it be drawing up a contract, proof of payment, making a deed, marriage license, and so much more.