Taxation Without Representation

AAA

DEFINITION of 'Taxation Without Representation'

A situation in which a government imposes taxes on a particular group of its citizens, despite the citizens not consenting or having an actual representative deliver their views when the taxation decision was made. This situation was one of the triggering events that spurred the original thirteen American colonies to revolt against the British Empire.

INVESTOPEDIA EXPLAINS 'Taxation Without Representation'

During the 1760s, American colonists were not satisfied at the fact that all taxation related decisions were made by people living across an ocean, unaware of concerns in their colony. Colonists sought to challenge the status quo, which lead to a full blown revolution where the colonies fought the British empire for its own independence to have a right to govern its own affairs.

RELATED TERMS
  1. Internal Revenue Service - IRS

    A United States government agency that is responsible for the ...
  2. Taxes

    An involuntary fee levied on corporations or individuals that ...
  3. Tax Liability

    The total amount of tax that an entity is legally obligated to ...
  4. Tax Rate

    The percentage at which an individual or corporation is taxed. ...
  5. Federal Income Tax

    A tax levied by the United States Internal Revenue Service (IRS) ...
  6. Section 7702

    The section of the United States Internal Revenue Code that defines ...
Related Articles
  1. A Tax Primer For Homeowners
    Taxes

    A Tax Primer For Homeowners

  2. 10 Money-Saving Year-End Tax Tips
    Taxes

    10 Money-Saving Year-End Tax Tips

  3. I am a non-U.S. citizen living outside ...
    Investing

    I am a non-U.S. citizen living outside ...

  4. What's a Marginal Tax Rate?
    Personal Finance

    What's a Marginal Tax Rate?

Hot Definitions
  1. Hyperinflation

    Extremely rapid or out of control inflation. There is no precise numerical definition to hyperinflation. Hyperinflation is ...
  2. Gross Rate Of Return

    The total rate of return on an investment before the deduction of any fees or expenses. The gross rate of return is quoted ...
  3. Debit Spread

    Two options with different market prices that an investor trades on the same underlying security. The higher priced option ...
  4. Leading Indicator

    A measurable economic factor that changes before the economy starts to follow a particular pattern or trend. Leading indicators ...
  5. Wage-Price Spiral

    A macroeconomic theory to explain the cause-and-effect relationship between rising wages and rising prices, or inflation. ...
  6. Accelerated Depreciation

    Any method of depreciation used for accounting or income tax purposes that allows greater deductions in the earlier years ...
Trading Center