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Q: Boston Tea Party ( Answered,   0 Comments )
Subject: Boston Tea Party
Category: Reference, Education and News > Education
Asked by: luke123-ga
List Price: $2.00
Posted: 01 Nov 2002 09:07 PST
Expires: 01 Dec 2002 09:07 PST
Question ID: 95484
What was the percent of tax on the tea that was thrown overboard in
the Boston Tea Party?

Request for Question Clarification by gan-ga on 01 Nov 2002 09:23 PST
From the page:

It would appear that the percentage in tax, payable to the English
parliament by the East India Tea Company, would have been zero.. but
possibly I miss the point of your question.

I therefore shall not post an answer at this stage, without giving you
the chance to make any clarification.

Subject: Re: Boston Tea Party
Answered By: sgtcory-ga on 01 Nov 2002 09:59 PST
Hello Luke,

The tax was not represented as a percentage, rather a weight based
scale. The rate was three pennies per pound of imported tea. Without
knowing how much each of the 342 containers weighed, it's hard to
determine the total cost of the loss. One site I found puts the total
weight at 90,000 pounds. This would equal a total loss of about
$2700.00 in tax money. ( In today's economy ) Here is the site:

Boston Tea Party

In short - the answer you are looking for is 3 pennies per pound. You
can view these two pages for clarification:

History 115

Tax info ( Google Cached Page )

I hope this answers your question. If you need further clarification,
please feel free to ask before rating this answer, as I would love to
be of further assistance.

To help with this anwer I searched Google for:

boston tea import tax rate in 1773 percent

Clarification of Answer by sgtcory-ga on 01 Nov 2002 10:04 PST
How rude of me. I forgot to thank you for the question.

A belated thank you is better than none!

There are no comments at this time.

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