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The British crown borrowed heavily from British and Dutch bankers to bankroll the war, doubling British national debt. King George II argued that since the French and Indian War benefited the colonists by securing their borders, they should contribute to paying down the war debt.

To defend his newly won territory from future attacks, King George II also decided to install permanent British army units in the Americas, which required additional sources of revenue.

In 1765, parliament passed the Stamp Act to help pay down the war debt and finance the British army’s presence in the Americas. It was the first internal tax directly levied on American colonists by parliament and was met with strong resistance.

It was followed by the unpopular Townshend Acts and Tea Act, which further incensed colonists who believed there should be no taxation without representation. Britain’s increasingly militaristic response to colonial unrest would ultimately lead to the American Revolution.

Fifteen years after the Treaty of Paris, French bitterness over the loss of most of their colonial empire contributed to their intervention on the side of the colonists in the Revolutionary War.

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