Taxation And Social Reconstruction
Taxation And Social Reconstruction
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In our eReader you can find the full English version of the book. Read Taxation And Social Reconstruction 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 Taxation And Social Reconstruction
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Where, then, must come the intensification of taxation to secure the required extra revenue to meet the interest on the war debt, to pay our way and to pay off the debt itself ?
It has been pointed out above that the fortunes of war financing tend to operate against the poorer members of the community in a powerful degree, and also that systems of indirect taxation tend to exact an unduly heavy contribution from those same classes. But two points demand attention in this connection.
TAXATION AN...D SOCIAL RECONSTRUCTION. 25 In the first place it is quite possible that the limit has been about reached in the taxation of tobacco, tea, and beer. That is to say the imposition of a higher tax rate might so reduce the consumption as to render the tax yield less in total than previously.
In the second place the securing of any large income from indirect taxation is doubtful unless a very comprehensive scheme is launched. This is simply because a tax on a commodity may be avoided by using an untaxed substitute — ^unless, of course, the commodity is a necessity.
What to read after Taxation And Social Reconstruction?
You can find similar books in the "Read Also" column, or choose other free books by Arnold N Shimmin to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Where, then, must come the intensification of taxation to secure the required extra revenue to meet the interest on the war debt, to pay our way and to pay off the debt itself ?
It has been pointed out above that the fortunes of war financing tend to operate against the poorer members of the community in a powerful degree, and also that systems of indirect taxation tend to exact an unduly heavy contribution from those same classes. But two points demand attention in this connection.
TAXATION AN...D SOCIAL RECONSTRUCTION. 25 In the first place it is quite possible that the limit has been about reached in the taxation of tobacco, tea, and beer. That is to say the imposition of a higher tax rate might so reduce the consumption as to render the tax yield less in total than previously.
In the second place the securing of any large income from indirect taxation is doubtful unless a very comprehensive scheme is launched. This is simply because a tax on a commodity may be avoided by using an untaxed substitute — ^unless, of course, the commodity is a necessity.
What to read after Taxation And Social Reconstruction?
You can find similar books in the "Read Also" column, or choose other free books by Arnold N Shimmin to read onlineMoreLess
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