CHAPTER XXI

THE MAIN INSTRUMENT OF TAXATION

Through an Income Tax taxation can be applied according to

"ability" 291

The British Income Tax an ancient impost 291

The so-called "Land" Tax of 1692 was an income tax 292

The "Land" Tax of 1692 and the present Income Tax compared 295

A graduated Income Tax taxes unearned increment 296

The Income Tax in 1905 described 297

The "Abatements" 297

Schedule A described 298

Schedule B " 299

Schedule C " 300

Schedule D " 300

Schedule E " 302

The Inhabited House Duty a second Income Tax 302

The Finance Act of 1907 introduced differentiation between

earned and unearned income 303

The Finance Act of 1909. Mr Lloyd George's reform of the

Income Tax 303

Mr Asquith's differentiation illustrated 304

The Super-Tax 305

The Super-Tax as it really is 305

The Income Tax summarized 306

The Income Tax in effect 307

The Inhabited House Duty should be abolished 308

Simplification needed 308

Without a Census of Income the Income Tax cannot be properly

enforced 310

Masters compelled to reveal employees' incomes 311

Taxation at the source might remain 312

The family man's allowance 314

Is an annual Budget debate necessary? 315

Mill and Bentham on Ethics of Taxation 317

A Plain Bill for the citizens' subscription to the

National Club 318

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