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Hungary recently imposed an excess profits tax aimed towards specific industries such as banks and airline industries. As with most excess profit taxes it is temporary. The imposition of this tax is expected to bring in 800 billion HUF a year.
Aug 17, 2023 · Abstract. Constituting a central historical link between war and long-term fiscal capacity, war taxes are generally perceived to be a thing of the past. This article corrects the picture by presenting new, global data on war taxes, 68 in total, introduced between 1960 and 2020. Far from having been abandoned, war taxes have remained a crucial ...
Dec 27, 2018 · England’s King Charles I needed money to rebuild his navy and in 1634 imposed an ancient tax known as “ship money” on the country’s coastal communities. In 1635 the area of taxation was extended 15 miles inland. Since the country was at peace, many saw the tax as a gross overreach of an arbitrary monarch and opposition was fierce.
Jan 23, 2024 · Field Marshal Julius Jacob von Haynau, the new governor of Hungary, imposed heavy war-taxes upon them, especially upon the communities of Pest and Óbuda, which had already been heavily taxed by Alfred I, Prince of Windisch-Grätz, commander-in-chief of the Austrian army, on his triumphant entry into the Hungarian capital at the beginning of 1849.
Haynau, the new governor of Hungary, imposed heavy war-taxes upon them, especially upon the communities of Pesth and Alt-Ofen, which had already been heavily mulcted by Prince Alfred Windischgrätz, commander-in-chief of the Austrian army, on his triumphant entry into the Hungarian capital at the beginning of 1849.
Jun 18, 2018 · Four months into the war, the Union passed a revenue act that imposed the nation’s first income tax, a flat tax of 3 percent on incomes over $800 (just under $15,000 in current dollars)....
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Feb 16, 2018 · This paper sheds new light on the massive increase of progressive taxation in the first half of the twentieth century. Existing studies have explained this increase with the mass mobilization during the World Wars and the call for a fair sharing of the burdens of these wars. My analysis suggests that this effect was not uniform across mobilizing countries. Instead, the call for higher taxation ...
