Government Ownership of Railroads, And War Taxation
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In our eReader you can find the full English version of the book. Read Government Ownership of Railroads, And War Taxation 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 Government Ownership of Railroads, And War Taxation
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Warprofits tax is not entirely free from objection. Whether England didwisely on the whole in fixing the tax at quite so high a rate is adebatable point, and is being questioned by some economists of highstanding in that country, not from the point of view of tenderness forthe beneficiaries from war profits, but from that of national advantage.
Moreover, conditions in America and England are not quite identical andI believe it to be a justifiable statement that British industry isbetter able to... stand so high a tax than American industry, for reasonsinherent in the respective business situations and methods.
However, everything considered, circumstances being what they are, Ibelieve the enactment of the proposed eighty per cent. War profits taxto be expedient, provided that, like in England, the standard ofcomparison with pre-war profits is fairly fixed and due and fairallowance made, in determining taxable profits, for such bona fide itemsof depreciation and other write-offs as a reasonably conservativebusiness man would ordinarily take into account before arriving at netprofits.
What to read after Government Ownership of Railroads, And War Taxation?
You can find similar books in the "Read Also" column, or choose other free books by Kahn Otto Hermann to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Warprofits tax is not entirely free from objection. Whether England didwisely on the whole in fixing the tax at quite so high a rate is adebatable point, and is being questioned by some economists of highstanding in that country, not from the point of view of tenderness forthe beneficiaries from war profits, but from that of national advantage.
Moreover, conditions in America and England are not quite identical andI believe it to be a justifiable statement that British industry isbetter able to... stand so high a tax than American industry, for reasonsinherent in the respective business situations and methods.
However, everything considered, circumstances being what they are, Ibelieve the enactment of the proposed eighty per cent. War profits taxto be expedient, provided that, like in England, the standard ofcomparison with pre-war profits is fairly fixed and due and fairallowance made, in determining taxable profits, for such bona fide itemsof depreciation and other write-offs as a reasonably conservativebusiness man would ordinarily take into account before arriving at netprofits.
What to read after Government Ownership of Railroads, And War Taxation?
You can find similar books in the "Read Also" column, or choose other free books by Kahn Otto Hermann to read onlineMoreLess
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