This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1916 Excerpt: ...much poorer. If it is wisely done it makes the community only a little poorer. How To Pay For The War By Taxes. There are really only two ways of getting the money. The Government can either get the money by putting duties on commodities of one sort or another, such as customs and excise, licences and revenue stamps- ...
Read More
This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1916 Excerpt: ...much poorer. If it is wisely done it makes the community only a little poorer. How To Pay For The War By Taxes. There are really only two ways of getting the money. The Government can either get the money by putting duties on commodities of one sort or another, such as customs and excise, licences and revenue stamps--these taxes fall on the people who.use and consume these commodities. The other form of taxation is to make a levy on people's incomes--this falls on the peoplewhose incomes are taxed. The difference is that the taxes oit commodities are paid by all in the proportion in which they areconsumed. As the ordinary labourer, with his wife and family, eats nearly as much bread and sugar as a millionaire, he will pay as much of a tax on those commodities as a millionaire. But taxes on incomes fall chiefly on those who have the larger incomes. If you want to make the cost of the war fall most heavily upon the standard of life you will put the taxes upon commodities. On the other hand, if you want the taxation distributed in proportion to ability to pay, which is the economists' rule, you will put the tax almost entirely upon incomes. A lot of flummery is being talked about the splendid " union of all classes " brought about bv the war. Just wait till the tax bill comes in! Will thetaxation then be put upon people in proportion to what they can; pay--meaning a nominal 10s. in the income tax, varying from Id. in the on the smaller incomes up to 15s. 7d. in the on thelargest incomes? That is what ought to be done. Of course, it will not be done, because the rich do not intend it, and becausethe wage-earners are too foolish to insist. Oxford itself protests that the wise way is to put the tax in proportion to ability topay, bu...
Read Less
Add this copy of The Reorganisation of Industry: Papers to cart. $45.69, good condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Newport Coast, CA, UNITED STATES, published 2011 by Nabu Press.
Add this copy of The Reorganisation of Industry: Papers to cart. $57.39, good condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Newport Coast, CA, UNITED STATES, published 2010 by Nabu Press.
Add this copy of The Reorganisation of Industry: Papers to cart. $60.62, good condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Newport Coast, CA, UNITED STATES, published 2015 by Palala Press.
