Synopsis
Excerpt from Principles of Rational Taxation
Assuming this theory of taxation to have some degree of truth, the question naturally arises what application can be made of it in forming a better system of taxation. A theory is of little value if it does not furnish a guide to the solution of some practical difficulties. Of course in the application of this theory to practice it must be modified by the many conflicting causes which become prominent in the world about us, yet the leading characteristics of the new system of taxation ought to become manifest from the development of the theory alone.
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Principles of Rational Taxation (Classic Reprint)
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Paperback. Condition: New. Print on Demand. This book presents a compelling case for the development of a rational approach to taxation, emphasizing the need to consider the distribution of wealth amongst the various producer groups within society. The author argues that in the present industrial context, a significant portion of the increased productive power is absorbed by protected monopolies and wasted through unnecessary competition, thus preventing its equitable distribution among those engaged in production. The book delves into the concepts of waste, rent, and the tendency for retail prices to approach the upper limit beyond which public demand would rapidly decline. Through lucid explanations and real-world examples, the author demonstrates how taxation can be used as a tool to shift the burden from the general public to those who benefit from improved production, promoting stability and efficiency in the economy. The insights offered in this book challenge conventional notions of taxation and provide a fresh perspective on the complex relationship between taxation, wealth distribution, and economic growth. 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 # 9781330498033_0
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Principles of Rational Taxation Classic Reprint
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781330498033
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Principles of Rational Taxation Classic Reprint
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781330498033
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