By Martinson, Harry
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Extra info for Aniara : a review of man in time and space
Pitt died in January 1806 and his death is often said to have been accelerated by the news of Austerlitz. There was no obvious successor to Pitt, but a politically mixed government, sometimes called the ‘Ministry of All the Talents’, emerged, under the nominal premiership of Lord Grenville. The Government contrived to include such political disparates as Addington (who had by this time become Viscount Sidmouth) and Charles Fox, with Lord Henry Petty, later Marquess of Lansdowne, as Chancellor of the Exchequer.
The monster breathes fire, and skeletons emerge with the fire. ’ ‘Farmer John’, terrified, tenders two bags – one labelled ‘10% on income’, the other ‘Remaining fruits of industry’. , 37 38 Figure 4 ‘The death of the property tax!!! , William Pittl], suckled by a Fox [sc. , Castlereaghl and swept out by a Broom!! [sc. Henry Brougham]’ This cartoon refers to the defeat of Chancellor of the Exchequer Nicholas Vansittart, on his 1816 proposal to continue income tax for a further year. Henry Brougham, the future Lord Chancellor, and the banker Alexander Baring, led a nation-wide campaign of protest, and produced numerous petitions of complaint.
Up to 10 per cent of that amount, Pitt conjectured, might be recoverable through a new kind of tax, an ‘Income Tax’. The new Income Tax proposals were put forward towards the end of 1798 and became law in the following year. Under Pitt’s scheme, incomes over £200 a year paid 10 per cent tax, incomes under £60 were not taxed at all and intermediate incomes were taxed on a sliding scale. 5 million. 5 million too high; but the Income Tax was retained nevertheless. As will be seen later, Income Tax had a chequered career for more than 40 years, but eventually settled down as a permanent feature of the taxation system.
Aniara : a review of man in time and space by Martinson, Harry