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The Stamp Act of 1765 was the first internal tax levied directly on American colonists by the British government. The act, which imposed a tax on all paper documents in the colonies, came at a time when the British Empire was deep in debt from the Seven Yearsâ War (1756-63) and looking to its North American colonies as a revenue source.
1 The taxes for the Stamp Act had to be paid for with British money. 2  They would not take colonial paper money. 3  John Adams, future president of the United States, wrote a series of resolutions protesting the tax. 4  The French and Indian War was called the Seven Years War in England.he Sons of Liberty would play an important role later during the American Revolution. The Act is Repealed. Eventually, the protests of the colonies to the Stamp Act began to hurt British merchants and businesses. The Stamp Act was repealed on March 18, 1766.