Excerpt from Suggestions for a General Equalization of the Land Tax: And the Abolition of the Income and Real Property Taxes, and the Malt Duty
IT is unnecessary to occupy time or space in proving the immense advantage that must accrue to the community at large by the abolition of the Real Property and Income Tax, and of the duty on Malt. The depression caused by the Income Tax in commercial matters, and the stagnation to which many branches of trade have through its pressure been reduced, are unfortunately so well known that even comment upon them is superfluous. Excessive Speculation has undoubtedly produced its share of mischief; but those who have invest ments in rail-roads, in steam-boats, and in gas companies, (which are quoted by way of example as the most prominent among proprietaries affected by any general commercial prostration,) can too well attest the depreciating effects of the Property and Income Tax. Nor is a partial stagnation of trade the only evil consequence of a lengthened continuance of this tax; for the feeling of dis content engendered by it among the middle classes tends to far more serious results than those pro duced by mere pecuniary pressure.
In any other free country besides Great Britain the imposition of a perpetual Income Tax, with all its inquisitorial accompaniments, would be the germ of a revolution. Happily the loyalty and good sense of Englishmen are too solid and pro found to be affected by any revolutionary mania, however fashionable it may have become; but their discontent is not the less deserving of atten' tion, nor is it the less incumbent on their rulers to relieve them, as far as practicable, from any burthens which are proved to be unnecessarily Oppressive.
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Paperback. Condition: New. Print on Demand. This book articulates key reasons why several million pounds' worth of immediate taxes should be scrapped in the United Kingdom without imposing any further financial burdens in their place. The author provides ample facts and figures which they believe will be compelling to those who collect taxes, and are particularly focused on the need for the abolition of the Property and Income Tax claiming that it is a perpetual burden on the population. The author argues that this tax has the pernicious tendency of depressing commercial markets and that its continuance oppresses the middle classes to such an extent that it amounts to a social and political injustice. They also state that the Malt Duty is a particularly harmful tax for the poorest in society, having the negative effect of causing them to seek out potentially dangerous substitutes to the wholesome beverage of beer. The book explores alternative means of taxation that the author believes would be more beneficial to society as a whole. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Seller Inventory # 9781331922964_0
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781331922964
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781331922964
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Condition: Hervorragend. Zustand: Hervorragend | Seiten: 46 | Sprache: Englisch | Produktart: Bücher. Seller Inventory # 26033759/1
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