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Home > History and Archaeology > History > Twenty Years of Financial Policy, a Summary of the Chief Financial Measures Passed Between 1842 and 1861, with a Table of Budgets
Twenty Years of Financial Policy, a Summary of the Chief Financial Measures Passed Between 1842 and 1861, with a Table of Budgets

Twenty Years of Financial Policy, a Summary of the Chief Financial Measures Passed Between 1842 and 1861, with a Table of Budgets


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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1862 Excerpt: ...as cases of hardship, shaded off by imperceptible tints into others which could Chap. IV. hardly be distinguished from them, until it was l8S3. plain that no point could be found at which a stand could properly be made and a broad line of demarcation intelligibly drawn between incomes that should be taxed lightly and incomes that should be taxed heavily. He summed up the case in these words: --"The general views of Her Majesty's Government, with respect to the Income Tax, are, that it is an engine of gigantic power for great national purposes; but, at the same time, that there are circumstances attending its operation which make it difficult, perhaps impossible, at any rate, in our opinion, not desirable, to maintain it as a portion of the permanent and ordinary finances of the country. The public feeling of its inequality is a fact most important in itself. The inquisition it entails is a most serious disadvantage; and the frauds to which it leads are an evil which it is not possible to characterize in terms too strong. "One thing I hope this House will never do; and that is, nibble at this great public question. Don't let them adopt the plan of reconstructing the Income Tax to-day, and saying, --If that doesn't work well, we'll try our hands at it again to-morrow.' That is not the way in which the relations of classes, brought into the nicest Chap. IV. competition one with another, under a scheme of l8S3. direct taxation, are to be treated. Depend upon it, when you come to close quarters with this subject, when you come to measure and test the respective relations of intelligence and labour and property, in all their myriad and complex forms, and when you come to represent those relations in arithmetical results, you are under-taking an operation ...


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Product Details
  • ISBN-13: 9781150013195
  • Publisher: Rarebooksclub.com
  • Publisher Imprint: Rarebooksclub.com
  • Height: 246 mm
  • No of Pages: 82
  • Spine Width: 4 mm
  • Width: 189 mm
  • ISBN-10: 1150013192
  • Publisher Date: 01 May 2012
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Weight: 163 gr

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Twenty Years of Financial Policy, a Summary of the Chief Financial Measures Passed Between 1842 and 1861, with a Table of Budgets
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