Sir Louis Mallet: a Record of Public Service And Political Ideals
Sir Louis Mallet: a Record of Public Service And Political Ideals
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1x6 INDIA " The function of rent is to restrain the undue pressure of population on the soil. The presence of rent is the result of the demand for land pressing on the supply. To take the rent and divide it among the whole population, which is done when it is substituted for taxes, is to counteract and neutralise the operation of the law of supply and demand by stimulating the demand anew without increasing the supply, and tends directly to a progressive pauperisation of the community.
''For th...ese reasons, without disturbing past setdements, which we cannot afford to do and cannot now do without gratuitous fiscal sacrifices, I shall rejoice to see a limit placed on future assessments, with a view to which the renuncia- tion of the theory of State landlordism would be the most effectual step. In speculating on its future resources I should like to see the Govern- ment steadily putting rent out of view, as only liable to taxation in common with other forms of property.
** Sir Henry Maine, in contrasting the possible advantage to Ireland or to India of the appropria- tion of the whole rental of the country by the Government in lieu of taxation with the effects of a * spendthrift ' proprietary, appears to me to forget that Governments are also sometimes * spendthrift,' and also to have overlooked for the moment the difference in the economic results of the two systems respectively.
What to read after Sir Louis Mallet: a Record of Public Service And Political Ideals?
You can find similar books in the "Read Also" column, or choose other free books by Mallet, Bernard, Sir, 1859-1932 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
1x6 INDIA " The function of rent is to restrain the undue pressure of population on the soil. The presence of rent is the result of the demand for land pressing on the supply. To take the rent and divide it among the whole population, which is done when it is substituted for taxes, is to counteract and neutralise the operation of the law of supply and demand by stimulating the demand anew without increasing the supply, and tends directly to a progressive pauperisation of the community.
''For th...ese reasons, without disturbing past setdements, which we cannot afford to do and cannot now do without gratuitous fiscal sacrifices, I shall rejoice to see a limit placed on future assessments, with a view to which the renuncia- tion of the theory of State landlordism would be the most effectual step. In speculating on its future resources I should like to see the Govern- ment steadily putting rent out of view, as only liable to taxation in common with other forms of property.
** Sir Henry Maine, in contrasting the possible advantage to Ireland or to India of the appropria- tion of the whole rental of the country by the Government in lieu of taxation with the effects of a * spendthrift ' proprietary, appears to me to forget that Governments are also sometimes * spendthrift,' and also to have overlooked for the moment the difference in the economic results of the two systems respectively.
What to read after Sir Louis Mallet: a Record of Public Service And Political Ideals?
You can find similar books in the "Read Also" column, or choose other free books by Mallet, Bernard, Sir, 1859-1932 to read onlineMoreLess
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