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Taxation and Taxes in the United States Under the Internal Revenue System 1791-1895




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Hersteller:Forgotten Books (Howe, Frederic Clemson)
Stand:2015-08-04 03:50:33

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Produktbeschreibung

Excerpt from Taxation and Taxes in the United States Under the Internal Revenue System 1791-1895: An Historical Sketch of the Organization, Development, and Later Modification of Direct and Excise Taxation Under the Constitution The present essay is the development of an investigation begun some years ago of an unimportant portion of our Internal Revenue System. At that time the federal revenues were largely in excess of all current demands of the Treasury; and the policy of the party dominant in the councils of the nation seemed to be towards the gradual reduction, if not the permanent relinquishment, of all of the internal or excise taxes. With the alterations of the customs schedule in 1894, however, and the diminution of collections from external sources, it became apparent that further recourse to inland objects would be necessary; and in view of the paucity of literature bearing upon the Internal Revenue System, it seemed that a narration of the history of a department of our fiscal service, which produces at the present time upwards of one hundred and forty-five millions of dollars, or nearly forty per cent of the total collections of the federal government, would not be untimely or wholly devoid of interest. And the experiences herein recounted most clearly indicate how almost inexhaustible are the sources of taxation as yet untouched of which the Treasury may avail itself in case of need, and show an array of unused taxes and unopened resources unparalleled in contemporary budgetary history. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.


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