Consumption Tax - History

History

Consumption taxes, specifically excise taxes, have featured in several notable historic events. In the U.S., the Stamp tax, the tax on tea, and whisky taxes produced revolts, the first two against the British government and the latter against the nascent American Republic. In India, an excise tax on salt led to Gandhi's famous Salt Satyagraha, a seminal moment in his struggle to win independence from the U.K.

Read more about this topic:  Consumption Tax

Famous quotes containing the word history:

    History does nothing; it does not possess immense riches, it does not fight battles. It is men, real, living, who do all this.... It is not “history” which uses men as a means of achieving—as if it were an individual person—its own ends. History is nothing but the activity of men in pursuit of their ends.
    Karl Marx (1818–1883)

    Most events recorded in history are more remarkable than important, like eclipses of the sun and moon, by which all are attracted, but whose effects no one takes the trouble to calculate.
    Henry David Thoreau (1817–1862)

    They are a sort of post-house,where the Fates
    Change horses, making history change its tune,
    Then spur away o’er empires and o’er states,
    Leaving at last not much besides chronology,
    Excepting the post-obits of theology.
    George Gordon Noel Byron (1788–1824)