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forced loans

 
British History: forced loans

Forced loans were non-parliamentary taxes which English monarchs demanded from their richer subjects. The forced loan of 1626 was exceptional in being levied on all taxpayers. This attempt to bypass Parliament provoked intense hostility, and in 1628 such levies were outlawed by the petition of right.

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British History. A Dictionary of British History. Copyright © 2001, 2004 by Oxford University Press. All rights reserved.  Read more