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Monday, April 4, 2011

The Real History of the Boston Tea Party


I love me some good history
It appears that the Boston Tea Party, i.e the dumping of tea in Boston harbor, was not about "Taxation Without Representation," but rather about tax cuts without representation.

The issue at hand was the fact that the East India Tea Company was granted a specific exemption to the tax on tea, which allowed them to drive it's small "Yankee Trader" competitors.

So here is a note to the Teabaggers out there, it ain't about taxes, it's about sweetheart deals to big business.

In your face, Dick Armey and the Koch brothers.

H/t Crooks and Liars

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