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jan 31, 1774 - Louis XVI on the throne of France

Description:

finance minister: Necker
-France in a financial crisis due to the involvement in the War of American Independence and the 7 years war before that
- taxation came solemnly from the Third estate so Necker Proposed to tax the other estates so that the deficit was covered.
- refusal of the decrease in taxation avoidance by the nobility and clergy so Necker is dismissed
- However new land tax is proposed which forces the nobility and clergy to contribute in taxation

Added to timeline:

Date:

jan 31, 1774
Now
~ 251 years ago