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1712 - England Introduces the Soap Tax

3/20/2018 4:10 PM

1712 - England Introduces the Soap Tax

In 1712 England introduced the soap tax on the manufacture of soap. The tax was super unpopular with the poor as it tripled the price of the basic coarse soap.

The Romans Developed the First Trusts (Fideicommissum)

3/13/2018 12:26 PM

The Romans Developed the First Trusts (Fideicommissum)

The Romans developed the first trusts (fideicommissum), which were testamentary trusts created by wills. The first living trusts (inter vivos), were developed in England during the 12th-century crusades

The Romans Started the First Pension Scheme in 13 B.C.

3/6/2018 2:52 PM

The Romans Started the First Pension Scheme in 13 B.C.

The Romans started the first pension scheme in 13 B.C. when Roman Emperor Augustus began paying pensions to Roman Legionnaires who had served 20 years.

1710 - A Tax on Playing Cards

2/27/2018 12:51 PM

1710 - A Tax on Playing Cards

Although playing cards have been taxed since 1588, the English Government dramatically raised taxes on playing cards in 1710.

1709 - Candle Tax

2/20/2018 11:47 AM

1709 - Candle Tax

In 1709 the United Kingdom Government introduced the candle tax. A tax was payable by candle makers on each candle they manufactured.

1628 - Ship Money

2/13/2018 11:15 AM

1628 - Ship Money

The Plantagenet Kings of England had the medieval right to require Maritime towns and counties to furnish them with ships in times of war.

300 BC – Salt Tax

2/6/2018 11:35 AM

300 BC – Salt Tax

The first salt tax was levied in ancient China in 300 BC and was used to fund the construction of the Great Wall of China.

1660 - Hearth Tax (Chimney Tax)

1/30/2018 12:28 PM

1660 - Hearth Tax (Chimney Tax)

A hearth tax, also known as hearth money, chimney tax, or chimney money, was a property tax levied on each hearth or fireplace.

1188 - Saladin Tithe | One of the First Recorded Taxes on Income

1/23/2018 12:29 PM

1188 - Saladin Tithe | One of the First Recorded Taxes on Income

One of the first recorded taxes on income was the Saladin tithe introduced by Henry II in 1188 to raise money for the Third Crusade.

Scrutage Tax | Buying out Military Service Obligation

1/16/2018 1:26 PM

Scrutage Tax | Buying out Military Service Obligation

Many knights were not keen on risking life and limb so instead took advantage of the opportunity to buy out their military service obligation.

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