The Rights And Duties of Property With a Plan for Paying Off the National Debt
The Rights And Duties of Property With a Plan for Paying Off the National Debt
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In our eReader you can find the full English version of the book. Read The Rights And Duties of Property With a Plan for Paying Off the National Debt 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 Rights And Duties of Property With a Plan for Paying Off the National Debt
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In fact, the fundbolders are now become mere dependants on the will of the government, as recipients 164 THE RIGHTS AND DUTIES of the people's bounteous liberality. Were all tbe com- munity fundholders, and equally so, then the greater proportion of those evils arising to the people from the national debt would cease ; because, what would then be drawn from each individual, in the shape of taxes, would be repaid by his share of interest on the impost. The only loss would then be the superfluous... expense of col- lecting taxes under such a system of equality. The evils which spring from the present system originate in this, that only a very small number of individuals derive any benefit from the funds, the proportion of fundholders who hold as it were a mortgage on the yearly industry of the people, being only one per cent, of the population. The following tables will shew what class of fundholders is the most numerous, and also will clearly exhibit the category of annuitants that receives the greater share of the dividends.
What to read after The Rights And Duties of Property With a Plan for Paying Off the National Debt?
You can find similar books in the "Read Also" column, or choose other free books by John Sangster to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
In fact, the fundbolders are now become mere dependants on the will of the government, as recipients 164 THE RIGHTS AND DUTIES of the people's bounteous liberality. Were all tbe com- munity fundholders, and equally so, then the greater proportion of those evils arising to the people from the national debt would cease ; because, what would then be drawn from each individual, in the shape of taxes, would be repaid by his share of interest on the impost. The only loss would then be the superfluous... expense of col- lecting taxes under such a system of equality. The evils which spring from the present system originate in this, that only a very small number of individuals derive any benefit from the funds, the proportion of fundholders who hold as it were a mortgage on the yearly industry of the people, being only one per cent, of the population. The following tables will shew what class of fundholders is the most numerous, and also will clearly exhibit the category of annuitants that receives the greater share of the dividends.
What to read after The Rights And Duties of Property With a Plan for Paying Off the National Debt?
You can find similar books in the "Read Also" column, or choose other free books by John Sangster to read onlineMoreLess
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