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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 ... [...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 and to increase employment. In modern economies, inflation is conventionally considered "healthy" in the range of 2%–3%. Add ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fiscus
''Fiscus'' (Latin for "basket") was the treasury of the Roman Empire. It was initially the personal wealth of the emperors, funded by taxation on the imperial provinces, assumption of estates and other privileges. By the third century it was understood as a state fund rather than a personal one, albeit under the emperor's control. It is the origin of the English term "fiscal." 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) which Augustus had advocated under his direct administration. Those provinces, that later ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
History Of Taxation
A tax is a mandatory financial charge or levy imposed on an individual or legal entity by a governmental organization to support government spending and public expenditures collectively or to regulate and reduce negative externalities. Tax compliance refers to policy actions and individual behavior aimed at ensuring that taxpayers are paying the right amount of tax at the right time and securing the correct tax allowances and tax relief. The first known taxation occurred in Ancient Egypt around 3000–2800 BC. Taxes consist of direct or indirect taxes and may be paid in money or as labor equivalent. All countries have a tax system in place to pay for public, common societal, or agreed national needs and for the functions of government. Some countries levy a flat percentage rate of taxation on personal annual income, but most scale taxes are progressive based on brackets of yearly income amounts. Most countries charge a tax on an individual's income and corporate income. C ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Francia
The Kingdom of the Franks (), also known as the Frankish Kingdom, or just Francia, was the largest History of the Roman Empire, post-Roman barbarian kingdom in Western Europe. It was ruled by the Franks, Frankish Merovingian dynasty, Merovingian and Carolingian dynasty, Carolingian dynasties during the Early Middle Ages. Francia was among the last surviving Germanic kingdoms from the Migration Period era. Originally, the core Frankish territories inside the former Western Roman Empire were located close to the Rhine and Meuse rivers in the north, but Frankish chiefs such as Chlodio would eventually expand their influence within Roman territory as far as the Somme (river), Somme river in the 5th century. Childeric I, a Salian Franks, Salian Frankish king, was one of several military leaders commanding Roman forces of various ethnic affiliations in the northern part of what is now France. His son, Clovis I, succeeded in unifying most of Gaul under his rule in the 6th century by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Merovingian
The Merovingian dynasty () was the ruling family of the Franks from around the middle of the 5th century until Pepin the Short in 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 Gallo-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 breakup of the empire of Theodoric the Great. The dynastic name, medieval Latin or ("sons of Merovech"), derives from an unattested Frankish language, Frankish form, akin to the attested Old English , with the final -''ing'' being a typical Germanic languages, Germanic patronymic suffix. The name derives from Salian Franks, Salian King Merovech, who is at the center of many legends. Unl ... [...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 Charles Martel and his grandson Charlemagne, descendants 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 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. Nearly every monarch of France from Charlemagne's son Louis the Pious until the penultimate monarch of France Louis ... [...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 subinfeudation, sub-enfeoffed by him to others as sub-tenants. In contrast, the entire territory controlled by a monarch both directly and indirectly via their tenant lords would typically be referred to as their realm. 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 Monarch, Crown, and ancient demesne is the legal term for the land held by the king at the time of the Domesday Book in 1086. 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 t ... [...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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gallo-Roman
Gallo-Roman culture was a consequence of the Romanization (cultural), Romanization of Gauls under the rule of the Roman Empire in Roman Gaul. It was characterized by the Gaulish adoption or adaptation of Roman culture, 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 religion, Gaulish deities such as the smith-god Gobannus; however, of the Celtic deities, only the horse-patroness Epona penetrated Romanized cultures beyond the confines of Gaul. The Migration Period, barbarian invasions began in the late 3rd century and forced upon Gallo-Roman culture fundamental changes in politics, economic underpinning and military organization. The Visigothic Kingdom, Gothic settlement of 418 offered a double loyalty, as Weste ... [...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 make a farm. The American Industrial Revolution was guided by many supportive acts of legislatures (for example, the Main Line of Public Works legislation of 1863) 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 giv ... [...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: 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 possessed 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. The money supply of a country comprises all currency in circulation (banknotes and coins currently issued) and, depending on the particular definiti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
