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
British Columbia carbon tax until 2012, reaching a final price of $30 per tonne (7.2 cents per litre at the pumps). Unlike previous proposals, legislation was to keep the pending carbon tax revenue neutral by reducing corporate and income taxes at an equivalent rate. The government also planned to reduce taxes above and beyond the carbon tax offset by $481 million over three years. In January 2010, the carbon tax was applied to biodiesel. Before the tax actually went into effect, the government of British Columbia sent out "rebate cheques" from expected revenues to all residents of British Columbia as of December 31, 2007.