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in Massachusetts, legislators passed the heaviest direct tax ever. the tax was to be paid in specie-gold or silver coin-rather than in paper money.compared to paper money, specie was far more scarce, and worth much more.

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Q: Why did Massachusetts require taxes be paid in specie?
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Why did Massachusetts require that taxes be paid in specie?

Massachusetts taxes are paid in specie for two different reasons. One reason was because specie was rare and for two specie was worth more.


Why did Massachusetts require taxes to be paid in specie?

Specie is a term that simply means that it must be paid in currency. This is just a term of payment that means they don't take chickens and ducks in payment for taxes owed any more. You must pay in legal tender currency, just like always.


What is specie?

Specie is money to pay taxes used in the colonial time during theoaid 17 and 18 hundreds. Usually colonists paid their taxes off in gold and silver. This is considered specie.


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Does a will have to be filed in probate court in Massachusetts?

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