USA HISTORY

MAKING OF A NEW NATION 1776 1800

SHAYS REBELLION

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
who was heavily affected by the raise in taxes?
A
city folk
B
colonists
C
farmers
D
forests
Explanation: 

Detailed explanation-1: -They also largely indicate that tax increases can generate increased revenue for government but often at the expense of economic growth and mobility for taxpayers. Conversely, tax cuts tend to produce short-lived revenue decreases while promoting long-term economic growth.

Detailed explanation-2: -The tax imposed on crops was fixed at one-sixth of what was produced and was known as Bhaga or a share. It was the most important tax as most of the people were farmers.

Detailed explanation-3: -FAQs on Agricultural Income Tax Currently, farmers in India are exempted from paying income tax to the government. Is agricultural income fully exempt from tax? Under Section 10(1) of the Income Tax Act, 1961, any income generated from any agricultural activities are exempted from being taxed by the Government.

Detailed explanation-4: -Farmers need to deal with many problems, including how to: Cope with climate change, soil erosion and biodiversity loss.

There is 1 question to complete.