How Was The American Revolution Funded?
The Stacking Benjamins Show
00:00
The Smuggler's Taxes
The only way you could really make lots of money in america at that time was by dealing directly with the bits, because everything else was forbidden. And so hanclock, who took over from his uncle, i had had a business that a relied almost entirely on importing things and then they started slapping taxes on it. That's why people became smugglers, because some of these taxes seem pretty stupid anyhow, to them. For example, if you want to buy madeira from madeira islands, whith he portuguese has to have a tax on it, you have to send it to london, have the tack put on it and then send it to america. That
Play episode from 26:12
Transcript
