The Elements of Public Finance, Including the Monetary System of the United States
The Elements of Public Finance, Including the Monetary System of the United States
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In our eReader you can find the full English version of the book. Read The Elements of Public Finance, Including the Monetary System of the United States 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 The Elements of Public Finance, Including the Monetary System of the United States
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To quickly assess the difficulty of the text, read a short excerpt:
Adequacy in finance is like charity among the virtues. Its absence renders all collateral excellences as nothing, and its presence covers a multitude of sins.
It therefore becomes a matter of prime importance to determine, first, how a tax system is to be constituted 92 Digiti ized by Google SINGLE AND MULTIPLE Ty4X SYSTEMS, 93 which will afford the requisite amount of revenue; and secondly, to determine how to administer such a system most advantageously, having regard to the interest both of ...the public treasury and of the individual taxpayer.^ Single and Koltiple Tax Systems. — If we approach this subject from a purely a priori standpoint, nothing would seem more natural than that the aggregate amount taken by taxation should be raised by a single, uniform process, rather than collected by multiple, im- perceptible, and devious agencies.^ We have seen that taxation is in essence a diminution of the amount of income at the disposal of the individual.
It does not increase the amount that is deducted from individual enjoyment and use to take it in a single lump sum, or, at least, to take it by a single, uniform process of collection.
What to read after The Elements of Public Finance, Including the Monetary System of the United States?
You can find similar books in the "Read Also" column, or choose other free books by Winthrop More Daniels to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Adequacy in finance is like charity among the virtues. Its absence renders all collateral excellences as nothing, and its presence covers a multitude of sins.
It therefore becomes a matter of prime importance to determine, first, how a tax system is to be constituted 92 Digiti ized by Google SINGLE AND MULTIPLE Ty4X SYSTEMS, 93 which will afford the requisite amount of revenue; and secondly, to determine how to administer such a system most advantageously, having regard to the interest both of ...the public treasury and of the individual taxpayer.^ Single and Koltiple Tax Systems. — If we approach this subject from a purely a priori standpoint, nothing would seem more natural than that the aggregate amount taken by taxation should be raised by a single, uniform process, rather than collected by multiple, im- perceptible, and devious agencies.^ We have seen that taxation is in essence a diminution of the amount of income at the disposal of the individual.
It does not increase the amount that is deducted from individual enjoyment and use to take it in a single lump sum, or, at least, to take it by a single, uniform process of collection.
What to read after The Elements of Public Finance, Including the Monetary System of the United States?
You can find similar books in the "Read Also" column, or choose other free books by Winthrop More Daniels to read onlineMoreLess
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