ECON 3R03 Lecture : Taxation- Spain.doc
6 Feb 2013
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It would eventually lose its two biggest sources of revenue: the netherlands and the indies. French property rights did not develop because france had strong and powerful governments. Spain started off in a very strong position. Netherlands were the main source of spanish revenue. He decided to go to dominate europe politically and economically. He was also the defender of the pope. Netherlands were a huge source of revenue and he almost lost them, so he fought for it for over 80 years, causing military costs to go up drastically. Its third largest source of revenue was a tax on sheep. Major concessions were made to the shepherds" guild to maintain this revenue source. The sheep migrated through the year, moving from one foraging area to another. The shepherds were held not to be responsible when the sheep trampled or ate farmers" crops.
