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Britain imposed new taxes on the American colonists in order to pay for the French and Indian War (also known as the Seven years war.) The British government felt that because the war was fought to protect the colonies, they should pay for some of the war.
As Britain needed money to pay for its war debts. The King and Parliament believed they had the right to tax the colonies. They decided to require several kinds of taxes from the colonists to help pay for the French and Indian War.
What are taxes?
Taxes are compulsory payments made by a government organisation, whether local, regional, or federal, to people or businesses.
A government typically levies taxes on its citizens, including individuals and corporations, to help pay for public goods and services as well as to develop and maintain the nation's infrastructure. All those who live in the economy benefit from the tax revenue that is collected.
Income taxes are levied on money that a taxpayer receives in one form or another in the US and many other nations around the world. The funding may come from a salary, capital gains from rising investments, dividends or interest received as additional income, purchases of products and services, and so forth.
What is the French and Indian War?
The worst American conflict of the 18th century was the French and Indian War, a colonial continuation of the Seven Years War that wreaked havoc on Europe from 1756 to 1763. The Caribbean was also included, and more people were active than during the American Revolution.
The French and English clashed over colonial money and territory, which led to the start of the war. The rivalry between localized British and French colonists can also be considered as one of these global drivers that led to the war.
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