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Showing posts from February 6, 2020

TAXATION UNDER THE POWERFUL PHARAOHS

Egypt is ironically known as Gift of Nile . Historians believed that there are many secrets and mysteries which are unanswered yet and are deep buried within the pyramids of Egypt. Some secrets have been learnt, but still there is lot of things which remains incomplete about the daily life led in the ancient Egypt. Ancient Egyptian regarded their rulers as Gods. These rulers, called Pharaohs, had the duty of protecting their subjects from foreign aggression and internal conflicts and also from severe droughts and famines. Egyptian had a barter economy where taxes were extracted by seizing the part of the produce, merchandise or property. [1] The Egyptian did not have coins so generally taxes were calculated for cattle, grains and other products. [2] Additional fees for merchants were also charged. Agricultural sector was the easiest to tax. No farmer could hide an extra piece of land from the tax collectors. Since river Nile flows through the heart of Egypt making its land f...