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The late 1970's was a time of national economic hardship, the Labour government 1974-9 was extremely bad at balancing the books, Britain was bankrupt and it led to the world's highest tax rate of 125% on investment income. Many wealthy people left as tax exiles further compounding the problem.
What else can I help you with?
During the 1970s did France and Britain experience an economic boom?
No, France and Britain did not experience an economic boom. As a matter of fact, during the 1970s Britain experienced severe inflation and worker strikes. By 1972 over a million people were unemployed. It was a time of dismal economic decline. Conditions were much the same in France.
Why did Britain begin to heavily tax the colonies?
HoloHolo
Why did Britain's government tax colonies?
to make more money
Why were colonists angered by Britain's new colonial tax laws?
heu
What was internal tax?
An internal tax during Colonial America is a tax that is put in place to raise money for Britain. Whereas an external tax is one that is put into place to regulate trade and commerce.
In the 1970s did voters have to pay a poll tax?
No.
Where did people travel the world in the 1970s?
britain,singapore
What is a British Tax Collector?
It is a tax officer in Britain.
Why Britain passed laws to tax colonists?
Britain wanted money.
Does the Canadian government still have income tax returns from the 1960s 1970s and 1980s?
I believe it does
Britan had the right to tax the colonies?
No. Britain didn't have the right to tax the colonies
What did Britain tax colonists?
stamp acts
Why did Britain tax the Boston people?
To get money.
During the 1970s did France and Britain experience an economic boom?
No, France and Britain did not experience an economic boom. As a matter of fact, during the 1970s Britain experienced severe inflation and worker strikes. By 1972 over a million people were unemployed. It was a time of dismal economic decline. Conditions were much the same in France.
What is fund transfer TAX code of Britain?
Fund transfer to rbi what is tax code
How was the tax money did the colonists have to pay to Britain?
they gave it o the Governor of Britain to be loyal
Why did Britain begin to heavily tax the colonies?
HoloHolo
