History, asked by DvDeora7970, 10 months ago

Why Did Louis Xvi Increase The Taxes

Answers

Answered by princess3868
0

Answer:

because he wanted to collect more money

Explanation:

He was autocratic ruler and self willed ruler

Answered by potterheadArushi
2

Answer:

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.
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