Tea Party movement the launch of the American Revolution. The 1773 event demonstrated against taxation by the British government without political representation for the American colonists, and references to the Boston Tea Party and even costumes from the 1770s era are commonly heard and seen in the Tea Party movement. The Tea Party movement focuses on a significant reduction in the size and scope of the government. The movement advocates a national economy operating without government oversight. Movement goals include limiting the size of the federal government, reducing government spending, lowering the national debt and opposing tax increases. To this end, Tea Party
History of taxation in the United States Relief Reconciliation Act of 2001, into law as part of a $1.35 trillion tax cut program. The United States' corporate tax rate was at its highest, 52.8 percent, in 1968 and 1969. The top rate was hiked last in 1993 to 35 percent. Under the "Tax Cuts and Jobs Act" of 2017, the rate adjusted to 21 percent. History of taxation in the United States The history of taxation in the United States begins with the colonial protest against British taxation policy in the 1760s, leading to the American Revolution. The independent nation collected taxes on imports ("tariffs"), whiskey, and