The Rump Parliament: Financial reforms
- Created by: gemshort
- Created on: 02-02-18 16:51
Fullscreen
Financial reforms
- The two principal means of raising revenue introduced by the Long Parliament were continued by the Rump: an assessment tax on property and a general excise duty on goods and commodities (these taxes were extremely unpopular and taxation reached record levels)
- The process of 'compounding' was continued, whereby the former owners of confiscated Royalist estates were…
Comments
No comments have yet been made