Taxes timeline

  • The Sugar Act

    The Revenue Act of 1764, also known as the Sugar Act, was the first tax on the American colonies imposed by the British Parliament. Its purpose... Read more

  • The Currency Act

    On September 1, 1764, Parliament passed the Currency Act, effectively assuming control of the colonial currency system. The act prohibited the... Read more

  • The Stamp Act

    On February 6th, 1765 George Grenville rose in Parliament to offer the fifty-five resolutions of his Stamp Bill. A motion was offered to first read... Read more

  • The Quartering Act

    In March 1765, Parliament passed the Quartering Act to address the practical concerns of such a troop deployment. Under the terms of this... Read more

  • The Townshend Revenue Act

    Taxes on glass, paint, oil, lead, paper, and tea were applied with the design of raising £40,000 a year for the administration of the colonies. The... Read more

  • Ronald Reagan Signs the Economic Recovery Tax Act of 1981

    The Economic Recovery Tax Act of 1981 (also known as ERTA or the Kemp-Roth Tax Cut) was "A bill to amend the Internal Revenue Code of 1954 to... Read more

  • Ronald Reagan Signs the Tax Reform Act of 1986

    On October 22, 1986 President Reagan signed into law the Tax Reform Act of 1986. Among its provisions, the law required that every dependent age 5... Read more