Tag Archives: Napoleonic Wars

Income tax was made public in Britain by William Pitt the Younger in his budget of December 1798 and launched in 1799, to pay for weapons and equipment in preparation for the Napoleonic Wars. Pitt’s new graduated (progressive) income tax began at a charge of 2 old pence in the pound (1/120) on incomes overContinue reading “Crimes Against Humanity”