The Boston Tea Party and … targeted tax credits?

posted by
September 20, 2011
Show-Me Institute
by Josh Smith  
Posted in Commentary

"In 1773, Parliament passed the Tea Act, which allowed the East India Company to import tea to the colonies duty-free. Suddenly, all the people who imported tea to the colonies, legally and illegally, were priced out of the market by a competitor that received special government favors. Some of the people on the boats in Boston Harbor the night of December 16 were concerned about overreaching government authority and a pattern of abuse, but lots of them were smugglers or legal shippers who were rebelling against the loss of their livelihood to a government policy that favored one business at the expense of others." (09/19/11)

http://bit.ly/nI25Jr  

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