Public Finance

Cover Public Finance
Public Finance
Charles Francis Bastable
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The first was in 1377, followed immediately by those of 1379 and 1380 (the latter the proximate cause of the Peasant Revolt). The two latter were graduated according to rank. At intervals the graduated poll tax reappears, as in 1453, J 5 J 3 anc ^ 1641- Its last employment was under William III in the French war, and it ceased completely after 1698 1 .
The French capitation was first levied in 1695, and continued with changes up to the Revolution. It was graduated ; at first twenty-two classes
...were formed, but this part of the system was altered in 1701. The Con- stituent Assembly created the personal tax (1791), which consisted of the value of three days' labour, and added it to the mobiiier. The price of the day's labour is deter- mined for each commune by the Council of the depart- ment, within the limits of $d. And is. ^d. No addition can be made for local charges, and where an octroi is levied, the personal tax may be paid out of it. So far as can be ascertained, the total yield is between 600, 000 and 700, 000 2 .

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