Lead: In the 1700s the United States broke from England. No colony in history had done that before. This series examines America’s Revolution.

Intro: A Moment in Time with Dan Roberts

Content: Faced with a major financial crisis at the end of the Seven Years War in 1763 and a populace restive over high taxation to pay for a huge national debt, the British Parliament began to cast around for other sources of income. One likely and potentially rich trove of revenue might be found in the 13 colonies of North America. The white people there were among the richest people in the world and, compared to homebound Englishmen, on average enjoyed a higher standard of living and a level of taxation that could only be called light.

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