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The first time a Parliamentary imposed tax threatened the livelihood of the colonies was in 1733 with the Molasses Act, stemmed from the loss of profit for the British West Indies under the Navigation Act. However, this act was avoidable and rarely paid. Following the long and harrowing French and Indian War, Britain was deep in debt and George Grenville was appointed British Chancellor of the Exchequer...
        
        
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The first time a Parliamentary imposed tax threatened the livelihood of the colonies was in 1733 with the Molasses Act, stemmed from the loss of profit for the British West Indies under the Navigation Act. However, this act was avoidable and rarely paid. Following the long and harrowing French and Indian War, Britain was deep in debt and George Grenville was appointed British Chancellor of the Exchequer...
        
        
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