A Short Fiscal And Financial History of England, 1815-1918
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Cheaper. The excise duty on glass was abolished, to the great advantage of the industry. 2 Peel also dropped the duty on property sold by auction, which had been in existence since 1777, partly because it was a burden on the transfer of property in a particular manner and partly because fraudulent evasion was common. Altogether Peel made remissions and reductions amounting to -3, 338, 000, that is, nearly three times as much as in 1842. But neither on Customs nor Excise did he lose so much in t...he first year as he expected. The estimated surplus on the year 1845-6 was 672, 000 ; the actual, 3, 817, 000.
The Budget had been introduced on February I7th, and on March 20th Peel was able to announce to the Queen that his most sanguine expectations had been fulfilled. " The Income Tax Bill, the Sugar Duties Bill, and the Tariff, " he wrote, 3 "have been passed by the House of b^foi-o Easter. " He might well have reflected 1 Northcote : " Twenty Years of Financial Policy, " p. 77.
2 Buxton suggests that the subsequent development of the industry made it possible to construct the Crystal Palace for the Great Exhibition of 1851.
What to read after A Short Fiscal And Financial History of England, 1815-1918?
You can find similar books in the "Read Also" column, or choose other free books by J F James Frederick Rees to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Cheaper. The excise duty on glass was abolished, to the great advantage of the industry. 2 Peel also dropped the duty on property sold by auction, which had been in existence since 1777, partly because it was a burden on the transfer of property in a particular manner and partly because fraudulent evasion was common. Altogether Peel made remissions and reductions amounting to -3, 338, 000, that is, nearly three times as much as in 1842. But neither on Customs nor Excise did he lose so much in t...he first year as he expected. The estimated surplus on the year 1845-6 was 672, 000 ; the actual, 3, 817, 000.
The Budget had been introduced on February I7th, and on March 20th Peel was able to announce to the Queen that his most sanguine expectations had been fulfilled. " The Income Tax Bill, the Sugar Duties Bill, and the Tariff, " he wrote, 3 "have been passed by the House of b^foi-o Easter. " He might well have reflected 1 Northcote : " Twenty Years of Financial Policy, " p. 77.
2 Buxton suggests that the subsequent development of the industry made it possible to construct the Crystal Palace for the Great Exhibition of 1851.
What to read after A Short Fiscal And Financial History of England, 1815-1918?
You can find similar books in the "Read Also" column, or choose other free books by J F James Frederick Rees to read onlineMoreLess
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