Final answer:
The repeal of the Stamp Act in 1766 was a decision by the British Parliament to retract the tax on printed paper products in the colonies. However, it was followed by the Declaratory Act, asserting Parliament's authority over the colonies, which eventually led to the American Revolution.
Step-by-step explanation:
The repeal of the Stamp Act was an important event in early American history that took place in 1766 by the British Parliament. The Stamp Act of 1765 was an internal tax levied by the British on the American colonists, putting a tax on almost every kind of printed paper used, such as newspapers, legal documents, and even playing cards. While it was initially introduced to fund the costs of the British Empire, it led to significant protests in the colonies, as the colonists perceived it as being unfairly taxed without representation in the Parliament.
The repeal of the Stamp Act, however, did not mark the end of financial troubles for the colonists. In the same year, Parliament passed the Declaratory Act, stating its absolute authority to impose taxes on the colonies and regulate their affairs. As the colonists' discontents grew over time mainly due to the continued imposition of taxes and duties, it intensifies the support for a complete break with Britain, eventually leading to the American Revolution.
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