History, asked by kashyapsukanya, 1 year ago

Describe any three causes which led to imposing fresh taxes by Louis XVI

Answers

Answered by prince700
2


After Louis XV, Louis XVI (1774-1793) ascended the throne of France. ... They did not pay any tax to the monarch.

Answered by potterheadArushi
0

Answer:

Hey mate, Here is your answer.....

Explanation:

  • In 1774, Louis XVI of the Bourbon family of kings ascended the throne of France. Upon his accession the new king found an empty treasury.
  • Long years of war had drained the financial resources of France. Added to this was the cost of maintaining an extravagant court at the immense palace of Versailles.
  • Under Louis XVI, France helped the thirteen American colonies to gain their independence from the common enemy, Britain. The war added more than a billion livres to a debt that had already risen to more than 2  billion livres.
  • Lenders who gave the state credit, now began to charge 10 per cent interest on loans.
  • So the French government was obliged to spend an increasing percentage of its budget on interest payments alone.
  • To meet its regular expenses, such as the cost of maintaining an army, the court, running government offices or universities, the state was forced to increase taxes.

Hope this helps.......... ; )

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