To rescind means to officially revoke or cancel something, such as a law or tax. In this context, it refers to the act of taking back or withdrawing controversial taxes before 1765.
Related terms
Taxation without representation: This term refers to the imposition of taxes on the American colonies by the British government without giving them any say in the decision-making process.
Stamp Act: The Stamp Act was a law passed by the British Parliament in 1765 that required colonists to pay a tax on printed materials such as newspapers, legal documents, and playing cards.
Sugar Act: The Sugar Act was a law passed by the British Parliament in 1764 that imposed taxes on imported sugar and other goods in order to raise revenue for Britain.