Income tax II in 1188 to raise money for the Third Crusade. The tithe demanded that each layperson in England and Wales be taxed one tenth of their personal income and moveable property. The inception date of the modern income tax is typically accepted as 1799, at the suggestion of Henry Beeke, the future Dean of Bristol. This income tax was introduced into Great Britain by Prime Minister William Pitt the Younger in his budget of December 1798, to pay for weapons and equipment for the French Revolutionary War. Pitt's new graduated (progressive) income tax began at a levy of 2 old
William Pitt the Younger for gold. Great Britain would continue to use paper money for over two decades. Pitt was also forced to introduce Great Britain's first ever income tax. The new tax helped offset losses in indirect tax revenue, which had been caused by a decline in trade. In May 1798, the long simmering unrest in Ireland exploded into outright rebellion with the United Irishmen Society launching a revolt to win independence for Ireland. Pitt took an extremely repressive approach to the United Irishmen with the Crown executing about 1, 500 United Irishmen after the revolt. The United Irishmen revolt of 1798 destroyed