Fiscally speaking

Fiscally speaking -...

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Fiscally speaking, the Frankish approach was exceedingly retrogressive. While Clovis did not  abolish traditional Roman land taxes, his Frankish warriors and peasants would not pay,  considering a tax on mere land-use to be subversive. Franks were therefore exempt, with  indigenous Gallo-Romans still having to pay it. As their population declined, though, so did the  revenues. Also, Frankish kings often gave gifts to local elites, one of which was an exemption  from land taxes, and when there was an urban disturbance, Frankish leaders would burn tax  registers (as well as homes) to gain allies. As fixed taxes ebbed away, indirect taxes such as tolls  remained. The problem here was ensuring that local royal agents actually transferred the funds to  the palace treasury. Over time, too, the coinage system declined. In the early sixth century,  Franks stopped minting the Roman bronze coins, preferring gold. With no small change for daily  transactions, a monetary trade system reverted t commodity barter. The closest thing to a royal bureaucracy was the King's camp-turned-house- turned-palace. It was 
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This note was uploaded on 12/11/2011 for the course HIST 1320 taught by Professor Murphy during the Fall '08 term at Texas State.

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Fiscally speaking -...

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