Sunday, April 24, 2011

There is nothing moral about GREED.

WHY DID KING Louis XVI RAISE TAXES?  (click title to entry - thank you)

Best Answer - Chosen by Voters

Because France was bankrupt from helping the American colonists in their fight against Great Britain for their independence (The American Revolution).

France's treasury in the years immediately before the French Revolution was almost empty, and King Louis XVI was trying to remedy the kingdom's fiscal problems by raising taxes. Of course, the peasantry were the primary source of taxation, and Louis' raising of the tax was one of the contributing factors of the French Revolution.

Hope this helps,
Peace!

The painting is of the French king assigning a French navy veteran of the American War for Independence, La Pérouse, to undertake the expedition,

 

France unveils €3.5bn in fresh tax rises  (click here)

By Ben Hall in Paris
Published: June 25 2010 14:26
Last updated: June 25 2010 20:34
The French government on Friday announced a further €3.5bn of tax rises for 2011 the latest in a series of announcements that puts Paris’s austerity drive on par with Berlin’s much-criticised plan to trim its budget.
The latest announcement – intended to reassure the markets while not scaring the French public about impending austerity –- brings to €13.2bn the amount France aims to raise from tax increases next year.