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 ... is, indeed, little more than the register of the crimes, follies, and misfortunes of mankind.
    But what experience and history teach is this—that peoples and governments have never learned anything from history, or acted on principles deduced from it.
    Georg Wilhelm Friedrich Hegel (1770–1831)

    The only thing worse than a liar is a liar that’s also a hypocrite!
    There are only two great currents in the history of mankind: the baseness which makes conservatives and the envy which makes revolutionaries.
    Edmond De Goncourt (1822–1896)

    Racism is an ism to which everyone in the world today is exposed; for or against, we must take sides. And the history of the future will differ according to the decision which we make.
    Ruth Benedict (1887–1948)