Tag Archives: tax

THE AMERICAN REVOLUTION created a republic of thirteen states, the first large republic in history. The nation was to be ruled, not by a single man or group of men, but by the people themselves. The whole world watched the American experiment. After all, fighting a revolution and setting up a republic was one thing; making it work was another. Would the people have enough intelligence and strength of will to obey laws they had made themselves? The monarchs and aristocrats of Europe smiled, sure that they knew the answer. Why, the very idea of a republic was a joke! People were too stupid and selfish to govern themselves. Before long, the United States would become a kingdom or a dictatorship. Indeed, for a while it seemed as though the kings and aristocrats would be proved right. Under the Articles of Confederation, the central government of the United States had no power to speak of. It could not tax, or regulate trade, or enforce the law and each of the thirteen states could do as it pleased. Many Americans, including the leaders of the revolution, began to realize that the liberties they had fought for were in danger. If the thirteen states were not brought together under one set of laws and one strong central government, they would break up into separate little states and they might easily fall to someone who set himself up as a king or military dictator. The leaders of the Revolution — George Washington, Benjamin Franklin, Thomas Paine, Alexander Hamilton and others — agreed that the Articles of Confederation were too weak and that something had to be done. Thanks to their efforts, a convention was held in Philadelphia in 1787. All the states sent delegates, who soon came to the conclusion that the Articles …

THE LONG struggle between the churches of the East and the West was only one of the many serious problems that weakened the empire and led to its downfall. Trade was another of its problems. Much of goods imported from the eastern world was sold to the west through Byzantine markets. A ten percent tax was collected on an imports and exports as well as on all goods passing through the Bosporus. This was one of the empire’s most important ways of collecting taxes. However, this rich flow of tax money began to get smaller and smaller in the tenth century after Basil II gave Venice, the chief port of the west, a reduced tax rate. He did it with the understanding that the large fleet of Venetian merchant ships would police the Adriatic Sea and carry troops for the empire whenever necessary. Then, in the eleventh century, the empire lost Asia Minor to Turks of the Seljuk tribe. Asia Minor was the backbone of the empire. It had served as a buffer state against invaders from the east and had provided food and materials for the empire, as well as manpower for the army. It was a serious loss from which the empire never recovered. In the twelfth century, Thebes and Corinth fell to Norman invaders. They carried off the silkworms and weavers to Italy, thus breaking the empire’s monopoly on Silk. Byzantium also suffered at the hands of the crusaders, who conquered a part of Asia Minor from the Turks as they passed through on their way to Palestine. Instead of returning this territory to the empire, they divided it and made independent kingdoms out of Antioch and Edessa. From then on, much of the eastern trade passed through these cities and was carried to the West on …