Outlines of a New Budget for Raising Eighty Millions by Means of a Justly Graduated Property Tax
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| Partner: | buecher.de |
| Hersteller: | Forgotten Books (Buckingham, James Silk) |
| Stand: | 2015-08-04 03:50:33 |
Produktbeschreibung
Excerpt from Outlines of a New Budget for Raising Eighty Millions by Means of a Justly Graduated Property Tax: With Suggestions on the Representative System, the National Debt, Prepared for the Consideration of the Reformed Parliament of England Fourthly - That the tax should be as favourable as possible to consumption: - Because the only wealth possessed by the great bulk of the community is their labour; and as whatever impedes consumption throws that labour out of demand, and whatever increases consumption makes that labour more in request; the great majority of the people are in prosperity or in misery, in proportion to the relation which consumption bears to their power of supplying materials for its exercise. Fifthly - That the tax should bear as strict a relation as possible to the property of the individuals who have to pay it: - Because by this alone can each man´s interest in the state be at the same time fairly burthened and fairly protected. Sixthly - That the tax should leave in the hands of the people as much as possible of the enjoyment of personal freedom, not merely in the absence of all vexatious or inquisitorial visitations in its assessment, but in its leaving to all persons the power either to pay the tax to its full extent, or to modify its amount, by abstaining from the use or possession of the thing so taxed, if by them thought too burthensome: - Because more than half the enjoyment of life in every class consists in the power of regulating expenditure, and possessing command over whatever is acquired by income or labour; and because men will more cheerfully pay large sums when free to choose the mode of expending them for themselves, than smaller sums, if these are exacted and enforced without the power to avoid their payment. Seventhly - That the tax should be as much as possible of a nature not to be secretly evaded: - Because the demoralization which frauds upon the revenue occasion is of itself a serious evil; and because the practice of enjoying advantages, and not contributing the proper share of sacrifice with others with whom such advantages are participated, is selfish, dishonorable, and revolting to every just and patriotic mind. 2. - Violation of all these Principles by the Taxation of England. It would be easy to shew that every one of these seven principles is violated by the existing mode of taxation in all countries of the world; and though different states exhibit these errors in very different degrees, yet there is not one nation on the earth in which they do not abound in their financial laws. In the present enquiry, however, reference will be made to England only. For example: First - Every undeserved pension, and every superfluous appointment, (and unhappily there are still many of each of these evils left untouched,) is a violation of the first principle, - that taxes are a necessary contribution of all the subjects of the state, to maintain the institutions, protect the property, and preserve the peace and safety of the whole: - Because these excrescences are not necessary; and the property of the whole is not protected, but invaded thereby; while every shilling of tax so appropriated is a waste of money for unproductive purposes, which, had it remained in the possession of the people, would have been productive capital, capable of continual improvement. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com
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