Excise Taxation and the Origins of Public Debt

Business & Finance, Accounting, Management, Finance & Investing, Corporate Finance
Cover of the book Excise Taxation and the Origins of Public Debt by D'Maris Coffman, Palgrave Macmillan UK
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: D'Maris Coffman ISBN: 9781137371553
Publisher: Palgrave Macmillan UK Publication: October 29, 2013
Imprint: Palgrave Macmillan Language: English
Author: D'Maris Coffman
ISBN: 9781137371553
Publisher: Palgrave Macmillan UK
Publication: October 29, 2013
Imprint: Palgrave Macmillan
Language: English

This book offers a wholesale reinterpretation of both the introduction of excise taxation in Great Britain in the 1640s and the genesis of the Financial Revolution of the 1690s. By analysing hitherto unpublished manuscript and print sources, D'Maris Coffman resolves divergent accounts of these constitutionally problematic but fiscally significant new taxes. Parliament's success at imposing on a deeply divided kingdom an extra-legal species of indirect taxation, which hitherto had been a constitutional anathema and a political impossibility, remains one of the most striking features of the period. A fresh reading of William Petty's Treatise on Taxes illustrates the development of an indigenous discourse in defence of the tax state. By highlighting the importance of fiscal innovation during the Civil Wars and Interregnum for the development of the fiscal state in Britain, this study challenges 'stylised facts' about the economic significance of 1688/89. The final chapter delivers new insight into why the eighteenth-century British public accepted both unprecedented levels of government borrowing and one of the heaviest tax burdens in Western Europe. Coffman reveals how a 'new financial history,' rooted in closely contextualised studies, can contribute to current debates about sustainable levels of taxation and to fundamental questions of economic theory.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

This book offers a wholesale reinterpretation of both the introduction of excise taxation in Great Britain in the 1640s and the genesis of the Financial Revolution of the 1690s. By analysing hitherto unpublished manuscript and print sources, D'Maris Coffman resolves divergent accounts of these constitutionally problematic but fiscally significant new taxes. Parliament's success at imposing on a deeply divided kingdom an extra-legal species of indirect taxation, which hitherto had been a constitutional anathema and a political impossibility, remains one of the most striking features of the period. A fresh reading of William Petty's Treatise on Taxes illustrates the development of an indigenous discourse in defence of the tax state. By highlighting the importance of fiscal innovation during the Civil Wars and Interregnum for the development of the fiscal state in Britain, this study challenges 'stylised facts' about the economic significance of 1688/89. The final chapter delivers new insight into why the eighteenth-century British public accepted both unprecedented levels of government borrowing and one of the heaviest tax burdens in Western Europe. Coffman reveals how a 'new financial history,' rooted in closely contextualised studies, can contribute to current debates about sustainable levels of taxation and to fundamental questions of economic theory.

More books from Palgrave Macmillan UK

Cover of the book The Moral Geographies of Children, Young People and Food by D'Maris Coffman
Cover of the book Tracing the Discourses of Terrorism by D'Maris Coffman
Cover of the book Chinese Educational Migration and Student-Teacher Mobilities by D'Maris Coffman
Cover of the book The Politics of Private Security by D'Maris Coffman
Cover of the book Navigating Loss in Women's Contemporary Memoir by D'Maris Coffman
Cover of the book The Palgrave Handbook of Social Theory in Health, Illness and Medicine by D'Maris Coffman
Cover of the book Language, Sex and Social Structure by D'Maris Coffman
Cover of the book Satanism, Magic and Mysticism in Fin-de-siècle France by D'Maris Coffman
Cover of the book Human Rights Journalism by D'Maris Coffman
Cover of the book Men and Masculinities in Global English Language Teaching by D'Maris Coffman
Cover of the book International and Cross-Cultural Management Studies by D'Maris Coffman
Cover of the book North American Perspectives on the Development of Public Relations by D'Maris Coffman
Cover of the book Infertility in Early Modern England by D'Maris Coffman
Cover of the book Revolutionary Totalitarianism, Pragmatic Socialism, Transition by D'Maris Coffman
Cover of the book Ethnic Politics, Regime Support and Conflict in Central and Eastern Europe by D'Maris Coffman
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy