Question

1. What was the most common form of taxation during the colonial era?

1. Tariffs, duties, and taxes on commerce
2. The animal head tax
3. Taxes for use of government services and lands
4. The income taxes

Answer 1

Colonialism means one country is under the rule of another country. Colonial era in america was 1492-1763.European nations reached to America to increase their wealth as well as to bulid a world affair .Spanish were the first european who settled in America.First colony was formed at Jamestown, Virginia in 1607.They flourished colony with the help of some native americans. They cultivated tobacco ,alcoholic beverages and earned cash.The taxation in colonial period was different from moderm era.They were totally unaware regarding taxation.In 1776, in US there were no income taxes , no corporate taxes and no pay roll taxes. They were funded by tariffs and excise taxes.It includes sale of particular products imports of particular goods and services to the society.In1764 they passed sugar act(textie,coffee,sugar, wine), currency act(value of paper money) and in 1765 they passed quartering(food and lodge) act.

The most common form of taxation during the colonial era was

a.tariffs, duties and taxes on commerce

In 1776,there was no income taxes,no corporate taxes and no pay roll taxes. They were funded by tariffs and excise taxes.It includes sale of particular products imports of particular goods and services to the society.In1764 they passed sugar act(textie,coffee,sugar, wine), currency act(value of paper money) and in 1765 they passed quartering(food and lodge) act.

b.The animal head tax was not considerd as the form of taxation  during the colonial period

In 1796 taxes for all livestocks formed.

c.Taxes for use of government services and lands were not considered as the form of taxation  during the colonial period

In 1796 property tax was created. But there was no uniformity

d. There was no income taxes in the colonial era.

In 1776, in US there was no income taxes , no corporate taxes and no pay roll taxes.Civil war led to the creation of  income tax in 1913

ANSWER

a. Correct

b. Incorrect

c.Incorrect

d.Incorrect