Amicable Grant
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The Amicable grant was a tax imposed on England in 1525 by the Lord Chancellor Thomas Wolsey.
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[edit] Causes
In 1525 Henry VIII of England wanted to mount an invasion of France. For this he needed large amounts of cash, which he did not have. In order to get this money Wolsey resorted to a benevolence called the Amicable Grant to get the money as the English Parliament was at this time unlikley to support war, as it was proving to be expensive.
[edit] Effects
[edit] Short Term
Resistance to Wolsey's demands was on the increase and this finally boiled over in the wake of the Amicable Grant. It provoked an open rebellion in Suffolk and a taxpayer strike. Wolsey was forced to abandon the Grant and reduce the payments for the 1523 subsidy.
[edit] Long term
Wolsey was unable to provide the money for an invasion and this along with the civil disorder shook Henry's faith in Wolsey and could have contributed to his downfall in 1529.