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Fisc
Under the Merovingians and Carolingians, the fisc (from Latin ''fiscus,'' whence we derive "fiscal") applied to the royal demesne which paid taxes, entirely in kind, from which the royal household was meant to be supported, though it rarely was. Though their personal territory was at first enormous, the Merovingian kings, faced with stiff resistance to taxation from their Frankish and Gallo-Roman subjects and ill-served by their illiterate peers, relied on constant conquests to renew the ''fisc'' which they were in the habit of granting away to ensure continued fidelity among their followers. Once fresh Frankish conquests were no longer forthcoming, constant redivision of the "fisc" among heirs reduced Merovingian kingship to a cluster of competitive kinglets subsisting on inadequate resources. Annual contributions in kind, of grain, produce, fodder, etc., were unwieldy to transport and not easily convertible, so the restless habit of Merovingian kings moving from stronghold to st ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fiscal Policy
In economics and political science, fiscal policy is the use of government revenue collection (taxes or tax cuts) and expenditure to influence a country's economy. The use of government revenue expenditures to influence macroeconomic variables developed in reaction to the Great Depression of the 1930s, when the previous laissez-faire approach to economic management became unworkable. Fiscal policy is based on the theories of the British economist John Maynard Keynes, whose Keynesian economics theorised that government changes in the levels of taxation and government spending influence aggregate demand and the level of economic activity. Fiscal and monetary policy are the key strategies used by a country's government and central bank to advance its economic objectives. The combination of these policies enables these authorities to target inflation (which is considered "healthy" at the level in the range 2%–3%) and to increase employment. Additionally, it is designed to try to k ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fiscus
''Fiscus'', from which comes the English term "fiscal", was the name of the personal chest of the emperors of Rome. The word is literally translated as "basket" or "purse" and was used to describe those forms of revenue collected from the provinces (specifically the imperial provinces), which were then granted to the emperor. Its existence pointed to the division of power in the early era of the Empire between the imperial court and the Senate. Origins Augustus divided Rome's territory between senatorial provinces, whose tributes ended up in the ''aerarium'' (the already existing state's chest), and imperial provinces, whose incomes ended up into the ''fiscus'', the emperor's chest. Upon the latter chest fell the most burdensome costs, namely the ones for army and fleet, bureaucracy and grants to urban plebs (distribution of wheat or moneys). The imperial provinces, under Augustus'reform, were the provinces ''non pacatae'' (i.e., the border provinces) who Augustus had advocated ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
History Of Taxation
A tax is a compulsory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization in order to fund government spending and various public expenditures (regional, local, or national), and tax compliance refers to policy actions and individual behaviour aimed at ensuring that taxpayers are paying the right amount of tax at the right time and securing the correct tax allowances and tax reliefs. The first known taxation took place in Ancient Egypt around 3000–2800 BC. A failure to pay in a timely manner ( non-compliance), along with evasion of or resistance to taxation, is punishable by law. Taxes consist of direct or indirect taxes and may be paid in money or as its labor equivalent. Most countries have a tax system in place, in order to pay for public, common societal, or agreed national needs and for the functions of government. Some levy a flat percentage rate of taxation on personal annual income, but mos ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Francia
Francia, also called the Kingdom of the Franks ( la, Regnum Francorum), Frankish Kingdom, Frankland or Frankish Empire ( la, Imperium Francorum), was the largest post-Roman barbarian kingdom in Western Europe. It was ruled by the Franks during late antiquity and the Early Middle Ages. After the Treaty of Verdun in 843, West Francia became the predecessor of France, and East Francia became that of Germany. Francia was among the last surviving Germanic kingdoms from the Migration Period era before its partition in 843. The core Frankish territories inside the former Western Roman Empire were close to the Rhine and Meuse rivers in the north. After a period where small kingdoms interacted with the remaining Gallo-Roman institutions to their south, a single kingdom uniting them was founded by Clovis I who was crowned King of the Franks in 496. His dynasty, the Merovingian dynasty, was eventually replaced by the Carolingian dynasty. Under the nearly continuous campaigns of Pep ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Merovingian
The Merovingian dynasty () was the ruling family of the Franks from the middle of the 5th century until 751. They first appear as "Kings of the Franks" in the Roman army of northern Gaul. By 509 they had united all the Franks and northern Gaulish Romans under their rule. They conquered most of Gaul, defeating the Visigoths (507) and the Burgundians (534), and also extended their rule into Raetia (537). In Germania, the Alemanni, Bavarii and Saxons accepted their lordship. The Merovingian realm was the largest and most powerful of the states of western Europe following the breaking up of the empire of Theodoric the Great. The dynastic name, medieval Latin or ("sons of Merovech"), derives from an unattested Frankish form, akin to the attested Old English , with the final -''ing'' being a typical Germanic patronymic suffix. The name derives from King Merovech, whom many legends surround. Unlike the Anglo-Saxon royal genealogies, the Merovingians never claimed descent from a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Carolingian
The Carolingian dynasty (; known variously as the Carlovingians, Carolingus, Carolings, Karolinger or Karlings) was a Frankish noble family named after Charlemagne, grandson of mayor Charles Martel and a descendant of the Arnulfing and Pippinid clans of the 7th century AD. The dynasty consolidated its power in the 8th century, eventually making the offices of mayor of the palace and '' dux et princeps Francorum'' hereditary, and becoming the ''de facto'' rulers of the Franks as the real powers behind the Merovingian throne. In 751 the Merovingian dynasty which had ruled the Germanic Franks was overthrown with the consent of the Papacy and the aristocracy, and Pepin the Short, son of Martel, was crowned King of the Franks. The Carolingian dynasty reached its peak in 800 with the crowning of Charlemagne as the first Emperor of the Romans in the West in over three centuries. His death in 814 began an extended period of fragmentation of the Carolingian Empire and decline that w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Demesne
A demesne ( ) or domain was all the land retained and managed by a lord of the manor under the feudal system for his own use, occupation, or support. This distinguished it from land sub-enfeoffed by him to others as sub-tenants. The concept originated in the Kingdom of France and found its way to foreign lands influenced by it or its fiefdoms. In England, Wales and Northern Ireland, royal demesne is the land held by the Crown, and ancient demesne is the legal term for the land held by the king at the time of the Domesday Book. Etymology The word derives from Old French , ultimately from Latin , "lord, master of a household" – ''demesne'' is a variant of ''domaine''. The word ''barton'', which is historically synonymous to ''demesne'' and is an element found in many place-names, can refer to a demesne farm: it derives from Old English ''bere'' (barley) and ''ton'' (enclosure). Development The system of manorial land tenure, broadly termed feudalism, was conceived in France ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
In Kind
The term in kind (or in-kind) generally refers to goods, services, and transactions not involving money or not measured in monetary terms. It is a part of many spheres, mainly economics, finance, but also politics, work career, food, health and others. There are many different types of in kind actions throughout the mentioned branches, which can be identified and distinguished. In-kind contributions An in-kind contribution is a non-cash contribution of goods or a service. Those are either offered free or at less than usual charge for them. Similarly, when a person or entity pays for services on the committee’s behalf, the payment is also considered as an in-kind contribution. In-kind services and contributions are valued at their fair market value or at their actual cost. In other words, they are valued at what you would pay for them if they were not donated. There are two types of receivers of in-kind contributions: individuals and companies. For individuals, the provider of in- ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gallo-Roman
Gallo-Roman culture was a consequence of the Romanization of Gauls under the rule of the Roman Empire. It was characterized by the Gaulish adoption or adaptation of Roman culture, language, morals and way of life in a uniquely Gaulish context. The well-studied meld of cultures in Gaul gives historians a model against which to compare and contrast parallel developments of Romanization in other, less-studied Roman provinces. ''Interpretatio romana'' offered Roman names for Gaulish deities such as the smith-god Gobannus, but of Celtic deities only the horse-patroness Epona penetrated Romanized cultures beyond the confines of Gaul. The barbarian invasions beginning in the late third century forced upon Gallo-Roman culture fundamental changes in politics, in the economic underpinning, in military organization. The Gothic settlement of 418 offered a double loyalty, as Western Roman authority disintegrated at Rome. The plight of the highly Romanized governing class is examined by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Land Grant
A land grant is a gift of real estate—land or its use privileges—made by a government or other authority as an incentive, means of enabling works, or as a reward for services to an individual, especially in return for military service. Grants of land are also awarded to individuals and companies as incentives to develop unused land in relatively unpopulated countries; the process of awarding land grants are not limited to the countries named below. The United States historically gave out numerous land grants as Homesteads to individuals desiring to prove a farm. The American Industrial Revolution was guided by many supportive acts of legislatures (for example, the Main Line of Public Works legislation of 1826) promoting commerce or transportation infrastructure development by private companies, such as the Cumberland Road turnpike, the Lehigh Canal, the Schuylkill Canal and the many railroads that tied the young United States together. Ancient Rome Roman soldiers were given pe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Money
Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts, such as taxes, in a particular country or socio-economic context. The primary functions which distinguish money are as a medium of exchange, a unit of account, a store of value and sometimes, a standard of deferred payment. Money was historically an emergent market phenomenon that possess intrinsic value as a commodity; nearly all contemporary money systems are based on unbacked fiat money without use value. Its value is consequently derived by social convention, having been declared by a government or regulatory entity to be legal tender; that is, it must be accepted as a form of payment within the boundaries of the country, for "all debts, public and private", in the case of the United States dollar. Contexts which erode public confidence, such as the circulation of counterfeit money or domestic hyperinflation, can cause good money to lose its value. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
