The book The Theory And Practice of Taxation was written by author David Ames Wells Here you can read free online of The Theory And Practice of Taxation book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is The Theory And Practice of Taxation a good or bad book?
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The argument in favour of the unconstitutionality or wrongfulness of the application of the proceeds of the taxation of the people by States or municipalities for aid- ing the construction of railroads has been, that they are built by corporations organized mainly for the purpose of gain; that they are under the control of such corporations rather than that of the State ; and that the taxes in ques- tion went to swell the profits of individuals, and did not result in good to the State or benefi...t to the public except in a remote collateral way. On the other hand, it has been urged that roads, canals, bridges, navigable streams, and all other highways, have in all times been matters of public concern; that such channels of travel and of the carrying business have al- ways been established, improved, and regulated by the State; and that a railroad had not lostthis character be-^p^ i cause constructed by individual enterprise, aggregated 1' ''^^^ into a corporation. In rendering an opinion in the celebrated Loan Asso- ciation vs.
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