Monday, April 1, 2013

"Shakespeare: tax evader and food hoarder?"

From the Christian Science Monitor:

A new study by researchers at Aberystwyth University found that the playwright was fined multiple times for selling food at high prices during a famine and was also threatened with prison for tax evasion.
A new study presents some surprising evidence about legendary playwright William Shakespeare.


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Aberystwyth University faculty members Dr. Jayne Archer, Professor Richard Marggraf Turley, and Professor Howard Thomas say that Shakespeare almost went to jail for not paying his taxes and received multiple fines, as well as being prosecuted, for buying food like wheat and barley to sell to others for a higher price than the sum he bought it for during times of food shortages.

Archer researches Renaissance literature topics, while Thomas is a plant science professor, and Turley is a professor of Renaissance literature.

“By combining both illegal and legal activities, Shakespeare was able to retire in 1613 as the largest property owner in his home town, Stratford-upon-Avon,” the study reads. “His profits – minus a few fines for illegal hoarding and tax evasion – meant he had a working life of just 24 years.”...MORE