In 1799, which British Prime Minister introduced a new Income Tax to help finance the war against France?
"on each adult, this made the tax system less progressive (as it no longer only taxed wealth). The first modern income tax was introduced in Britain by Prime Minister William Pitt the Younger in his budget of December 1798, to pay for weapons and equipment for the French Revolutionary War. Pitt's new graduated (progressive) income tax began at a levy of 2 old pence in the pound (1/120) on incomes over £60 and increased up to a maximum of 2 shillings (10%) on incomes of over £200. Pitt hoped that the new income tax would raise £10 million, but actual"
"receipts for 1799 totalled just over £6 million. Pitt's progressive income tax was levied from 1799 to 1802, when it was abolished by Henry Addington during the Peace of Amiens. Addington had taken over as prime minister in 1801, after Pitt's resignation over Catholic Emancipation. The income tax was reintroduced by Addington in 1803 when hostilities recommenced, but it was again abolished in 1816, one year after the Battle of Waterloo. The United Kingdom income tax was reintroduced by Sir Robert Peel in the Income Tax Act 1842. Peel, as a Conservative, had opposed income tax in the 1841 general"
"cent of GDP, with net taxes and National Insurance contributions standing at £606 billion. A uniform Land tax, originally was introduced in England during the late 17th century, formed the main source of government revenue throughout the 18th century and the early 19th century. Income tax was announced in Britain by William Pitt the Younger in his budget of December 1798 and introduced in 1799, to pay for weapons and equipment in preparation for the Napoleonic Wars. Pitt's new graduated (progressive) income tax began at a levy of 2 old pence in the pound (1/120) on annual incomes over £60"
"), and increased up to a maximum of 2 shillings (10%) on incomes of over £200. Pitt hoped that the new income tax would raise £10 million, but actual receipts for 1799 totalled just over £6 million. Pitt's income tax was levied from 1799 to 1802, when it was abolished by Henry Addington during the Peace of Amiens. Addington had taken over as prime minister in 1801, after Pitt's resignation over Catholic Emancipation. The income tax was reintroduced by Addington in 1803 when hostilities recommenced, but it was again abolished in 1816, one year after the Battle of Waterloo. Addington's"
"in 1803 when hostilities with France recommenced, but it was again abolished in 1816, one year after the Battle of Waterloo. Opponents of the tax, who thought it should only be used to finance wars, wanted all records of the tax destroyed along with its repeal. Records were publicly burned by the Chancellor of the Exchequer, but copies were retained in the basement of the tax court. In the United Kingdom of Great Britain and Ireland, income tax was reintroduced by Sir Robert Peel by the Income Tax Act 1842. Peel, as a Conservative, had opposed income tax in the"
"excise taxes; and, after 1790, an income tax. Working with bankers in the City, the government raised large loans during wartime and paid them off in peacetime. The rise in taxes amounted to 20% of national income, but the private sector benefited from the increase in economic growth. The demand for war supplies stimulated the industrial sector, particularly naval supplies, munitions and textiles, which gave Britain an advantage in international trade during the postwar years. The French Revolution polarised British political opinion in the 1790s, with conservatives outraged at the killing of the king, the expulsion of the nobles, and"
"been created to finance the war, and its replacement by the ""vingtième"", a tax of five percent on net revenue, which, unlike the ""dixième"", taxed the income of all French citizens, including for the first time the income from the property of the clergy and the nobility. While the new tax was supported by many, including Voltaire, it met immediate and fierce resistance from both the nobility and the church. When on 5 May 1749 it was presented for formal registration to the ""Parlement"" of Paris, the assembly composed of high nobles and wealthy Parisians who had purchased seats, it"
"pence in the pound (1/120) on incomes over £60 (equivalent to £ in ), and increased up to a maximum of 2 shillings in the pound (10%) on incomes of over £200. Pitt hoped that the new income tax would raise £10 million a year, but actual receipts for 1799 totalled only a little over £6 million. Pitt's income tax was levied from 1799 to 1802, when it was abolished by Henry Addington during the Peace of Amiens. Addington had taken over as prime minister in 1801, after Pitt's resignation over Catholic Emancipation. The income tax was reintroduced by Addington"
"Spanish, and Aztec. Reports of collective tax refusal include Zealots resisting the Roman poll tax during the 1st century AD, culminating in the First Jewish–Roman War. Other historic events that originated as tax revolts include the Magna Carta, the American Revolution and the French Revolution. War tax resisters often highlight the relationship between income tax and war. In Britain income tax was introduced in 1799, to pay for weapons and equipment in preparation for the Napoleonic wars, whilst the US federal government imposed their first income tax in the Revenue Act of 1861 to help pay for the American Civil"
"was the only requirement, its house would then be let or neglected, often both. This was certainly the case at Tong Castle (see below) and many other houses. A large unwanted country house unsupported by land quickly became a liability. Income tax was first introduced in Great Britain in 1799 as a means of subsidising the Napoleonic Wars. While not imposed in Ireland, the rate of 10% on the total income, with reductions only possible in incomes below £200, immediately hit the better off. The tax was repealed for a brief period in 1802 during a cessation in hostilities with"
"place until 1802 when it was briefly repealed during the Peace of Amiens, before being reinstated in 1803 when hostilities resumed. After Britain’s victory at Battle of Waterloo in 1815 and Napoleon’s defeat, Chancellor Nicholas Vansittart wanted to retain some form of the tax, favouring a reduction rather than complete abolition. He feared that without the revenue, the government would have difficulty making its debt payments and supporting public credit. But he met with fierce opposition from the public, and in 1816 the income tax was again repealed. In February 1797, England passed the Bank Restriction Act of 1797. This"
"(equivalent to £ as of ), and increased up to a maximum of 2 shillings (10 percent) on annual incomes of over £200. Pitt hoped that the new income tax would raise £10 million, but receipts for 1799 totalled just over £6 million. Income tax was levied under five schedules. Income not falling within those schedules was not taxed. The schedules were: Later, Schedule F (tax on United Kingdom dividend income) was added. Pitt's income tax was levied from 1799 to 1802, when it was abolished by Henry Addington during the Peace of Amiens. Addington had taken over as prime"
"minister in 1801. The income tax was reintroduced by Addington in 1803 when hostilities recommenced, but it was again abolished in 1816, one year after the Battle of Waterloo. Considerable controversy was aroused by the malt, house, windows and income taxes. The malt tax was easy to collect from brewers; even after it was reduced in 1822, it produced over 10 percent of government's annual revenues through the 1840s. The house tax mostly hit London town houses; the windows tax mostly hit country manors. The income tax was reintroduced by Sir Robert Peel in the Income Tax Act 1842. Peel,"
"withheld support, fearing its reintroduction was a ruse to cause a political quarrel. Once again it failed. A third attempt to introduce the bill as an amendment to a money bill in November 1704 was also thwarted. The Whigs vigorously supported the War of the Spanish Succession and became even more influential after the Duke of Marlborough won a great victory at the Battle of Blenheim in 1704. Many of the High Tories, who opposed British involvement in the land war against France, were removed from office. Godolphin, Marlborough, and Harley, who had replaced Nottingham as Secretary of State for"
"house () and a variable tax for the number of windows above ten windows. Properties with between ten and twenty windows paid a total of four shillings (comparable to £ in ), and those above twenty windows paid eight shillings (£ as of ). Income tax was first implemented in Great Britain by William Pitt the Younger in his budget of December 1798 to pay for weapons and equipment in preparation for the Napoleonic Wars. Pitt's new graduated (progressive) income tax began at a levy of 2 old pence in the pound (1/120) on incomes over £60 (£ as of"
"to raise taxes to fund the defence of the American Colonies from the French. The tax applied to legal documents, licences, newspapers, pamphlets and almanacs in the American Colonies, Quebec, Nova Scotia, Newfoundland, Florida, the Bahamas and the West Indian Islands. The taxes resulted in public protest and rioting. The tax was abandoned after a few months due to its unpopularity but the political damage contributed to the War of Independence in 1775. The largest object in the British Library is the Perkins D cylinder press developed by Jacob Perkins and patented in 1819. This press was one of several"
"his aims of recovering Canada, India, and other islands in the West Indies from Britain, as they were too well defended and the Royal Navy made any attempted invasion of Britain impossible. The war cost 1,066 million livres, financed by new loans at high interest (with no new taxes). Necker concealed the crisis from the public by explaining only that ordinary revenues exceeded ordinary expenses, and not mentioning the loans. After he was forced from office in 1781, new taxes were levied. This intervention in America was not possible without France adopting a neutral position in European affairs in order"
"as a Conservative, had opposed income tax in the 1841 general election, but a growing budget deficit required a new source of funds. The new income tax of 7d in the pound (about 2.9%), based on Addington's model, was imposed on annual incomes above £150 (equivalent to £ as of ). The war (1914-1918) was financed by borrowing large sums at home and abroad, by new taxes, and by inflation. It was implicitly financed by postponing maintenance and repair, and canceling capital expenditure. The government avoided indirect taxes because they raised the cost of living, and caused discontent among the"
"manning the Royal Navy also led to Pitt to introduce the Quota System in 1795 in addition to the existing system of Impressment. The war with France was extremely expensive, straining Great Britain's finances. Unlike in the latter stages of the ""Napoleonic Wars"", at this point Britain had only a very small standing army, and thus contributed to the war effort mainly by sea power and by supplying funds to other coalition members facing France. Throughout the 1790s, the war against France was presented as an ideological struggle between French republicanism vs. British monarchism with government seeking to mobilise public"
"the French, but its reintroduction in 1803 set the pattern for all future taxation in Britain. While the tax was again repealed following the victory at Waterloo, the advantages of such taxation were now obvious. In 1841 following the election victory of Sir Robert Peel, the exchequer was so depleted that the tax made a surprise return on incomes above £150 while still known as a ""temporary tax"". It was never again to be repealed. Throughout the 19th century, tax thresholds remained high, permitting the wealthy to live comfortably while paying minimal tax; until in 1907, H. H. Asquith introduced"
"other changes resulted in a 50% increase in revenue, largely because it doubled the number of persons liable for the tax and somewhat expanded the scope. Pitt in opposition had argued against Addington's innovations: he adopted them largely unchanged, however, when he returned to office in 1805. The one major change he made was to raise the maximum rate back to the 10%, the rate in his original bill, in 1806. Income tax changed little for the duration of the Napoleonic Wars, despite changes in government. Nicholas Vansittart was Chancellor in 1815, at the time of the Battle of Waterloo."
"for gold. Great Britain would continue to use paper money for over two decades. Pitt was also forced to introduce Great Britain's first ever income tax. The new tax helped offset losses in indirect tax revenue, which had been caused by a decline in trade. In May 1798, the long simmering unrest in Ireland exploded into outright rebellion with the United Irishmen Society launching a revolt to win independence for Ireland. Pitt took an extremely repressive approach to the United Irishmen with the Crown executing about 1, 500 United Irishmen after the revolt. The United Irishmen revolt of 1798 destroyed"
"of the debt and reduce the government’s debt service payments. The country could pursue this strategy because creditors considered Britain's stable parliamentary government reliable, which allowed it to issue a substantial quantity of debt. Britain followed this traditional funding method — funding 90 per cent of its expenditures through borrowing — until 1798, but as the Napoleonic wars dragged on, Britain's massive expenditures rose to unprecedented levels. Britain was forced to adopt additional funding methods. To help with wartime bills, William Pitt the Younger implemented Britain’s first Progressive income tax in 1798 as a temporary measure. The tax remained in"
"Vingtième The vingtième (, ""twentieth"") was an income tax of the ""ancien régime"" in France. It was abolished during the French Revolution. It was first proposed by the minister of finance, Jean-Baptiste de Machault, comte d'Arnouville, in 1749. The War of the Austrian Succession had just ended, with the French government at the point of bankruptcy. A temporary income tax, the ""dixième"", had been levied during the war, but Louis XV had promised that it would be removed with the end of the war. The comte d'Arnouville planned to introduce a new permanent tax modelled upon the ""dixième"", to create"
"war, Louis decided to take the opportunity to reduce the debt and modernize the system of taxation of the Kingdom. The package of reforms was put together by his finance minister D'Arnouville and was approved by the King and presented in two decrees issued in May, 1749. The first measure was an issue of bonds, paying five percent interest, to pay off the 36 million ""livres"" of debt caused by the cost of the war. This new measure was an immediate success. The second measure was the abolition of the ""dixième"", a tax of ten percent of revenue, which had"
"Revolution (1775–1783) brought a dedication to unalienable rights to ""life, liberty, and the pursuit of happiness"", which emphasize individual liberty and economic entrepreneurship, and simultaneously a commitment to the political values of liberalism and republicanism, which emphasize natural rights, equality under the law for all citizens, civic virtue and duty, and promotion of the general welfare. Britain's war against the Americans, French and Spanish cost about £100 million. The Treasury borrowed 40% of the money it needed and raised the rest through an efficient system of taxation. Heavy spending brought France to the verge of bankruptcy and revolution. Congress and"
"bad harvest of 1794 and the removal of price controls, inflation had reached a level of 3500%. The assignats were withdrawn in 1796 but the replacements also fuelled inflation. The inflation was finally ended by Napoleon in 1803 with the franc as the new currency. Napoleon after 1799 paid for his expensive wars by multiple means, starting with the modernisation of the rickety financial system. He conscripted soldiers at low wages, raised taxes, placed large-scale loans, sold lands formerly owned by the Catholic Church, sold Louisiana to the United States, plundered conquered areas and seized food supplies, and levied requisitions"
"income tax from 5""d"". to 6½""d"". to finance a military campaign. On 19 August British troops commanded by Sir Garnet Wolseley landed at Port Said and on 13 September defeated Urabi's forces at the Battle of Tel-el-Kebir. On hearing news of the British victory Gladstone was ecstatic and ordered salutes of the guns in Hyde Park in their honour. In January 1884 Gladstone consented to sending General Gordon to the Sudan to report on the best means of evacuating Egyptian garrisons there in the aftermath of the Mahdi Muhammad Ahmad's rebellion. When Gordon arrived in the Sudan he wanted to"
"of any in Europe, pointed out angrily that the colonists paid little to the royal coffers. The colonists replied that their sons had fought and died in a war that served European interests more than their own. This dispute was a link in the chain of events that soon brought about the American Revolution. The British were left with large debts following the French and Indian War, so British leaders decided to increase taxation and control of the Thirteen Colonies. They imposed several new taxes, beginning with the Sugar Act of 1764. Later acts included the Currency Act of 1764,"
"1841 general election, but a growing budget deficit required a new source of funds. The new income tax, based on Addington's model, was imposed on incomes above £150 (equivalent to £ in ). Although this measure was initially intended to be temporary, it soon became a fixture of the British taxation system. A committee was formed in 1851 under Joseph Hume to investigate the matter, but failed to reach a clear recommendation. Despite the vociferous objection, William Gladstone, Chancellor of the Exchequer from 1852, kept the progressive income tax, and extended it to cover the costs of the Crimean War."
"1842 was substantially similar to the Income Tax Act 1803 introduced by Henry Addington during the Napoleonic Wars. Income Tax Act 1842 The Income Tax Act 1842 (citation 5 & 6 Vict c. 35) was an Act of the Parliament of the United Kingdom, passed under the government of Robert Peel, which re-introduced an income tax in Britain, at the rate of 7 pence (2.9%, there then being 240 pence in the pound) in the pound on all annual incomes greater than £150. It was the first imposition of income tax in Britain outside of wartime. Although promoted as a"
"Bill of 1733: the intention had been to reduce customs duty on imported wine and tobacco to a nominal amount and instead impose an Excise duty; on arrival, the goods would be placed directly in a bonded warehouse where they would remain under Excise control. Despite opposition from affected merchants and retailers, the Bill was passed. The gamble paid off and within a few years the duty on tobacco had established itself as Britain's most productive form of revenue (and it remained so until 1968). Thereafter, the developing war with France had prompted the introduction of new forms of duty"
"those islands. If actually collected, the tax would have effectively closed that source to New England and destroyed much of the rum industry. Instead, smuggling, bribery or intimidation of customs officials effectively nullified the law. During the Seven Years' War, known in Colonial America as the French and Indian War, the British government substantially increased the national debt to pay for the war. In February 1763, as the war ended, the ministry headed by John Stuart, the Earl of Bute, decided to maintain a standing army of ten thousand British regular troops in the colonies. Shortly thereafter, George Grenville replaced"