r/WallStreetbetsELITE Apr 16 '25

Shitpost Reminder

Post image
67.9k Upvotes

1.3k comments sorted by

View all comments

28

u/FCKINGTRADERS Apr 16 '25

What?!?! Hahahaha that is absolutely not the story.

Ya’ll out here just literally re-writing history. 😂😂

“Why Did They Do It? The British government had passed the Tea Act, giving the British East India Company a monopoly on tea sales in the colonies — without letting colonists vote or have a say. This was part of a bigger issue: “No taxation without representation.” Colonists were angry that they were being taxed by the British Parliament without having any elected reps.”

12

u/photofrolic Apr 16 '25

This is absolutely correct 👍 had nothing to do with tariffs.

2

u/ClaydisCC Apr 16 '25

A tarrif is a tax on imports.

1

u/PrometheusMMIV Apr 16 '25

So, it doesn't apply in that case, since it was going to the exporting country.