Author Topic: What 11 Common Objects Would Cost in 2015 if Colonial Taxation Still Existed  (Read 588 times)

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Offline ABX

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1. An Issue of mental_floss Magazine; $293.56 in taxes

Paper was among the most heavily taxed goods under the Stamp Act of 1765. For a pamphlet or newspaper larger than one whole sheet, the Stamp Act imposed a duty of one shilling per page and two shillings for every advertisement. That means a 35-page (printed on both sides) issue of a magazine with 10 advertisements would cost £186.98 today, or $293.56—on top of the newsstand price....


.....7. Foreign Coffee; $350.80 in taxes

The Sugar Act of 1764 imposed a duty of 2 pounds, 19 shillings, and 9 pence on every hundredweight of foreign coffee sold in the colonies. This is even more egregious when you consider that the tariff on British coffee was a mere 7 shillings ($41.10) per hundredweight. Foreign coffee was more than eight times more expensive than British coffee, nearly ensuring the British a monopoly on colonial coffee sales.....

Full list-- http://mentalfloss.com/article/60928/what-11-common-objects-would-cost-2015-if-colonial-taxation-still-existed