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What did the Townshend Duties do? They required that all legal documents and newspapers be printed on special watermarked paper. They set moderate tax rates that did not price goods out of the colonial market. They imposed such heavy duties on imported goods that colonists could no longer afford to buy them. They removed taxes on all items except those being shipped to the British West Indies. They raised large amounts of revenue and helped to reduce the British treasury's serious deficit.

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