Yes, it was a wise economic decision for the king to collect taxes on people and goods moving throughout the country.
<h3 /><h3>Why did King increase taxes?</h3>
The state treasury became empty due to various expenses as the state was facing financial problems due to frequent wars, so taxes were imposed to meet the expenses of the royal treasury. Clergy and nobles enjoyed certain privileges, which resulted in the third estate demanding taxes.
He wanted to make the tax code more equitable, but he was repeatedly thwarted by greedy nobles and clergy. The nobles and clergy opposed changing the tax code because, under the current tax policy, the nobles and clergy were not required to pay taxes, whereas peasants were.
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The order of events is as follows: King James I of England ascends the throne and affirms the divine right, thus suppressing religious dissidence. The Puritans begin to face persecution in England. Carlos I ascends to the English throne and dissolves the parliament. The civil war breaks out in England, temina in the decapitation of Charles I.
The monarchy is restored, embraces Catholicism, thus suppressing dissent. Puritan militants rule England, proscribe the Anglican and Catholic faith. The pilgrims flee to America. Queen Elizabeth dies without an heir.
Carlos I is son of Jaime I, Carlos II restored the monarchy and is son of Carlos I. Jaime II is defeated by the Puritans and is son of Carlos II.
(Brokers tried to sell stocks, but no one wanted to buy them.) Many people scrambled to buy stocks on margin. People wanted to buy stocks, but there were none left to buy.
Small businesses generate small percentages of total sales because they spend so much money on parts the entire quantity is less complex over all.
