Tax Day, YAY!!
Wednesday, April 16th, 2008No Taxation Without Representation” – A famous quote from Colonial America that we all learned as school children. But the quote is not “No Taxation”. Many feel that was what they meant. However, a brief review of history will show differently. For many, many years prior to the Declaration of Independence and through the first year of the Revolutionary War, most colonist were looking for reconciliation. It is true that taxes were a major rift between the King and colonies, but taxes were the secondary issue. The main issue was that the colonies were not allowed any representation in British Parliament. The King and Parliament could, and were, levying taxes on the colonies who had no say or recourse for injury. Our Founding Fathers, immediately after winning independence started to levy taxes. Monies were raised to pay off the war debt, set up the judiciary, providing for defense, etc.