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The first revenue stamps in the United States were used briefly during colonial times, among the most notable usage involved the Stamp Act.Long after independence, the first revenue stamps printed by the United States government were issued in the midst of the American Civil War, prompted by the urgent need to raise revenue to pay for the great costs it incurred.
The Stamp Act 1765, also known as the Duties in American Colonies Act 1765 (5 Geo. 3.c. 12), was an act of the Parliament of Great Britain which imposed a direct tax on the British colonies in America and required that many printed materials in the colonies be produced on stamped paper from London which included an embossed revenue stamp.
The stamp tax was a tax on each newspaper and thus hit cheaper papers and popular readership harder than wealthy consumers, because it formed a higher proportion of the purchase price. The act had a chilling effect on publishers; the tax is blamed for the decline of English literature critical of the government during the period, notably with ...
The Stamp Act proved to be wildly unpopular in the colonies, contributing to its repeal the following year, along with the failure to raise substantial revenue. Implicit in the Stamp Act dispute was an issue more fundamental than taxation and representation: the question of the extent of Parliament's authority in the colonies. [8]
The Stamp Act of 1765 was the fourth Stamp Act to be passed by the Parliament of Great Britain and required all legal documents, permits, commercial contracts, newspapers, wills, pamphlets, and playing cards in the American colonies to carry a tax stamp.
An 1898 £1 revenue stamp of Western Australia Revenue stamps on smuggled tobacco seized by the British tax authorities.. A revenue stamp, tax stamp, duty stamp or fiscal stamp is a (usually) adhesive label used to designate collected taxes or fees on documents, tobacco, alcoholic drinks, drugs and medicines, playing cards, hunting licenses, firearm registration, and many other things.
On American Taxation" was a speech given by Edmund Burke in the British House of Commons on April 19, 1774, advocating the full repeal of the Townshend Revenue Act of 1767. Parliament had previously repealed five of the six duties of this revenue tax on the American colonies , but the tax on tea remained.
The first US stamp to officially honor a black American was issued in 1940, featuring Booker T. Washington. [60] However, it wasn't until 1978 did the USPS started the Black Heritage series, the first stamp featuring Harriet Tubman. [60] As of today, the Black Heritage series is the longest running U.S. stamp series. [60]