I understand the American Revolution, but how exactly did the British physically extract money from the colonies? Did they send a ship over on some regular schedule and have tax collectors run around collecting cash? Did a lot of money get lost on the way over because of sunken ships, theft, etc?
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The colonies were administered by British officials so the Mayor or equivalent of each town or city appointed tax collectors, most of the money was reinvested in the colony so little actually returned to Britain and the taxes were fairly low anyway. The surplus was then shipped to Britain sometimes this wasn’t money but trade goods instead to the value of the taxes, so shipping cotton, sugar, rum etc.
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