Apparently Gordon is planning another tax raid on savings, this time life-insurance companies which have ‘too much’ money in reserve against rainy days. After his last pension raid, this will not be a popular move. The Romans can help him solve the problem.
Apparently Gordon is planning another tax raid on savings, this time life-insurance companies which have ‘too much’ money in reserve against rainy days. After his last pension raid, this will not be a popular move. The Romans can help him solve the problem.
Roman finances under the emperors had two destinations: the Aerarium and the Fiscus. Into the Aerarium went the revenues from empire and from established indirect taxes (harbour dues and so on); into the Fiscus went monies from a variety of other sources, all to provide the emperor with the resources for expansive, personal ‘charitable’ giving.
Comments
Join the debate for just $5 for 3 months
Be part of the conversation with other Spectator readers by getting your first three months for $5.
UNLOCK ACCESS Just $5 for 3 monthsAlready a subscriber? Log in