Selected Writings of Thomas Paine by Unknown

Author:Unknown
Language: eng
Format: epub
Publisher: Yale University Press
Published: 2014-03-09T16:00:00+00:00

Annual amount of taxes at one hundred years from the conquest, (1166) — —

200,000

Annual amount of taxes at two hundred years from the conquest, (1266) — —

150,000

Annual amount of taxes at three hundred years from the conquest, (1366) — —

130,000

Annual amount of taxes at four hundred years from the conquest, (1466) — —

100,000

These statements, and those which follow, are taken from Sir John Sinclair’s History of the Revenue; by which it appears, that taxes continued decreasing for four hundred years, at the expiration of which time they were reduced three-fourths, viz. from four hundred thousand pounds to one hundred thousand. The people of England of the present day, have a traditionary and historical idea of the bravery of their ancestors; but whatever their virtues or their vices might have been, they certainly were a people who would not be imposed upon, and who kept government in awe as to taxation, if not as to principle. Though they were not able to expel the monarchical usurpation, they restricted it to a republican œconomy of taxes.

Let us now review the remaining three hundred years.

Annual amount of taxes at five hundred years from the conquest, (1566) – –

£.500,000

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