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by ricardobayes
1257 days ago
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It's interesting to look at feudal tax rates. It varied between countries but the concept of "thirteenth" seems to be common, based on what I see it used to be between 2% and 10% of "revenue".
I wonder when did we normalize 40-60% taxation. Seems we made a wrong turn somewhere. Perhaps our convenient modern life wouldn't be sustainable on such low taxes, but maybe it would - looking at Monaco or Dubai firmly at 0%. |
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In earlier times a farming community of e.g. 20 farmer families simply did not produce enough surplus to feed 20 other families; if someone would tax them half of their harvest, then they would starve, eat their seed grain and breeding animals, and there would be nothing to tax next year. A 10% tax was probably the limit of what could be sustained long-term.
On the other hand, as people become more productive, it became possible to devote a larger share of that production to goals beyond the survival needs of the household.