Final answer:
The effects of Philip's actions in the Netherlands and England resulted in rebellion, war, and eventually the independence of the Netherlands. In England, his attempts to crush Protestantism failed and instead strengthened the Protestant faith.
Step-by-step explanation:
The effects of Philip raising taxes in the Netherlands and trying to crush Protestantism were significant for both the Netherlands and England. In the Spanish Netherlands, the increase in taxes and persecution of Protestants led to a rebellion and a long war known as the Dutch Revolt.
This ultimately resulted in the independence of the seven northern provinces, creating the United Provinces of the Netherlands. In England, Philip's attempts to end Protestantism by launching the Spanish Armada in 1588 were unsuccessful. The defeat of the Armada boosted the morale of the Protestants and helped solidify the position of Protestantism in England.