Source: Independent Institute
by Phillip W Magness
“The significance of trade to the Revolution’s origins helps to resolve a long-observed paradox about the colonists’ motives. Despite the Revolution’s reputation as a tax revolt, Americans paid relatively low tax rates compared to people in England proper. The total sum was ‘paltry,’ and most of Parliament’s new revenue measures were ‘moderate and often short-lived,’ to quote economist Deirdre Nansen Mccloskey. They nonetheless sparked a political upheaval against the assertion of a novel and foreign authority. The issue was not the tax rate; it was the fact that Parliament could claim a tax power over trade, and thus over all else.” (07/06/26)
https://www.independent.org/article/2026/07/06/america-founded-tariff-men/