3,257
edits
Changes
→Summary
==Summary==
Taxation has been a long-lived presence in societies, as states developed by the beginning of the 3rd millennium BCE. However, such forms of taxes varied. Initially, it was simply taking common goods such as agricultural products and redistributing them to the state. With coinage, a new, more direct way was developed in taxes, while it also became possible to tax in value more than the weight of the precious metal that made up coins. Roman taxes became more diversified, where many services of the state also became taxed. Modern taxes, affecting income in so-called progressive tax, developed as early as 1799 but came into maturity over the 19th and early 20th centuries in the US and UK.
==References==
