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The gradually decrease in the price of tobacco in the 1660's and 1670's, coupled with the Navigation Acts heavy taxation on tobacco put extreme financial pressure on small farmers. The Navigation Act made cultivating tobacco expensive and only large plantation owners could make a decent profit. The tax was placed on the weight of tobacco which led to the depreciation of the tobacco's value...
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The tax was placed on the weight of tobacco which led to the depreciation of the tobacco's value. It is estimated that in 1675 Charles I made an annual profit of ?100,000 from taxes tobacco. The revenue from the tobacco tax went to support both Dutch-Anglo wars, a war which the colonists didn't support, and was detrimental to their economy...
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General points of the essay
Bacons Rebellion
Imperial Tobacco Financial Analysis
Taxation and the Tobacco Industry
A heavy price to learn a lesson in John-Jin
The Intolerable Acts (Coercive Acts) Transformed The Argument Between The Colonies And Great Britain From A Dispute Over The Right To Taxation Into A Challenge To Any Parliamentary Authority’ (Bailyn). Do You Agree With This Statement?
Immoral Acts Of The Tobacco In
Immoral Acts Of The Tobacco Industry
The Tobacco Deal
The War On Tobacco
Tobacco
Tobacco vs. Tobacco-Free
Criminalizing Tobacco
Heavy Pressure
Teen Tobacco Use
tobacco tax
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