An Essay On the Reform of Local Taxation in England
An Essay On the Reform of Local Taxation in England
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In our eReader you can find the full English version of the book. Read An Essay On the Reform of Local Taxation in England Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book An Essay On the Reform of Local Taxation in England
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This objection is only unthinking. The true test of independence in local taxation is, that good management or extravagance should unfailingly react on local taxes, and this is attained equally well by imposing a rate on " assess- able incomes " as on " assessable rentals. " Every Pfennig added to the local income-tax is felt by those concerned. The basis of assessment is the aggregate of incomes in the district. The incomes of persons belonging to more than one area are distributed according t...o an established standard. 1 Both central and local governments impose their income-tax on this basis. To save cost of collection and multiplication of administrative machinery, both national and local taxes are collected in towns by the local authority, in small places by government collectors, the two parties paying over to each other their respective shares.
This system, which was advocated by many wit- nesses, secures local taxation according to ability in the highest degree in which it is attainable, but the idea is of no use in England.
What to read after An Essay On the Reform of Local Taxation in England?
You can find similar books in the "Read Also" column, or choose other free books by J Row Fogo to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
This objection is only unthinking. The true test of independence in local taxation is, that good management or extravagance should unfailingly react on local taxes, and this is attained equally well by imposing a rate on " assess- able incomes " as on " assessable rentals. " Every Pfennig added to the local income-tax is felt by those concerned. The basis of assessment is the aggregate of incomes in the district. The incomes of persons belonging to more than one area are distributed according t...o an established standard. 1 Both central and local governments impose their income-tax on this basis. To save cost of collection and multiplication of administrative machinery, both national and local taxes are collected in towns by the local authority, in small places by government collectors, the two parties paying over to each other their respective shares.
This system, which was advocated by many wit- nesses, secures local taxation according to ability in the highest degree in which it is attainable, but the idea is of no use in England.
What to read after An Essay On the Reform of Local Taxation in England?
You can find similar books in the "Read Also" column, or choose other free books by J Row Fogo to read onlineMoreLess
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