The book The Social Revolution was written by author Karl Kautsky Here you can read free online of The Social Revolution book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is The Social Revolution a good or bad book?
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It is a well known fact that the higher the tax the greater the efforts at tax dodging. But when a condition exists where any concealment of income and property is im- possible even then we could not be in a position to force the income and property tax as high as we wish because the capitalists, if the tax on their income or property pressed them too closely, would simply leave the State. There have already been instances of this. The State then has the income and property tax without either i...ncome or property. Above a certain measure such taxes cannot rise to-day even if we had the political power. The situation how- ever is completely changed when all capitalist property takes the form of public debts. The property that to-day is so hard to find then lies in broad daylight. It would then only be neces- 122 THE SOCIAI. BEVOLUTION. sarj to declare that all bonds must be public and it would be known exactly what was the value of every property and every capitalist income. The tax could then be raised as high as desired without the possibility of tax frauds.
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