Tax Trivia: Molasses Act

March 9, 2009 · 8 comments

We have a winner! See comments!

Today’s tax trivia question is:

In 1733, Parliament passed the Molasses Act of 1733, which imposed a high tariff on imported molasses. New England distillers were annoyed by the tariff since they depended on it to produce what beverage?

Don’t forget: the first correct answer wins free CCH tax prep software.

What’s your guess?

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{ 8 comments… read them below or add one }

1 Ross March 9, 2009 at 3:02 am

Beer!

2 Bob Coffey March 9, 2009 at 4:25 am

I THINK THE ANSWER IS SORGHUM. I RECALL LEARNING SOMETHING ABOUT THIS WHILE GROEING UP AROUND PHILA. in th 60′s

3 Bob Coffey March 9, 2009 at 5:11 am

I was wrong… I guess the public schools on the Main Line didnt talk about such dasterdly things as RUM!!!

4 Trish March 9, 2009 at 5:40 am

Rum!

5 Kelly March 9, 2009 at 5:57 am

The correct answer is, in fact, RUM! Congrats Bob!

6 SFR Daniel March 9, 2009 at 7:31 am

Rum

7 Wayne Phillips March 9, 2009 at 8:30 am

I also knew it was rum, primarliy for the sailors who sailed the high seas, and needed to be able to replenish their supplies regularly.
My first thought for the winner was, Who gets up that early to read my daughter’s blog?
Then my next thought was, it must be another dedicated blog fan. That was my reward.

8 J B Pater March 9, 2009 at 9:45 am

BEER!!!!!!

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