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. Taxes

    A Tax Primer For Homeowners

  2. Taxes

    10 Money-Saving Year-End Tax Tips

  3. Investing

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

  4. The Affordable Care Act is the largest change to the tax code in 20 years that could affect you when you file that 2014 tax return next year.
    Taxes

    How Might The Affordable Care Act Affect ...

Hot Definitions
  1. Capitulation

    When investors give up any previous gains in stock price by selling equities in an effort to get out of the market and into ...
  2. Turkey

    Slang for an investment that yields disappointing results or turns out worse than expected. Failed business deals, securities ...
  3. Conduit Issuer

    An organization, usually a government agency, that issues municipal securities to raise capital for revenue-generating projects ...
  4. Financing Entity

    The party in a financing arrangement that provides money, property, or another asset to an intermediate entity or financed ...
  5. Hyperinflation

    Extremely rapid or out of control inflation. There is no precise numerical definition to hyperinflation. Hyperinflation is ...
  6. 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 ...
Trading Center