A Constructive Criticism of the United States War Tax Bill
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In our eReader you can find the full English version of the book. Read A Constructive Criticism of the United States War Tax Bill Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book A Constructive Criticism of the United States War Tax Bill
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To quickly assess the difficulty of the text, read a short excerpt:
But what pre-war period should be taken? Should we take an average of the three years before the European war or an average of the three years before our entrance into the war? If the period before our own entrance into the war is selected it will be urged by some that the aver- age obtained is too high and that we have not taken suf- ficient account of the large profits of the last year or two.
We must remember, however, that we are only fixing a base, the excess over which is to be taxed. Obv...iously, it fits existing conditions better to fix that base as near as possible to the period the profits of which are to be taxed.
If we took the years 1912-13-14, the administrative diffi- culty of assessing plants started since 1914, as well as of measuring the earnings of the then existing plants by the side of the now existing plants, would be much greater IS than if we took the years 1914-15-16. It must not be forgotten that the last three years in this country have been epoch-making, so far as industrial growth is con- cerned.
What to read after A Constructive Criticism of the United States War Tax Bill?
You can find similar books in the "Read Also" column, or choose other free books by Edwin Robert Anderson Seligman to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
But what pre-war period should be taken? Should we take an average of the three years before the European war or an average of the three years before our entrance into the war? If the period before our own entrance into the war is selected it will be urged by some that the aver- age obtained is too high and that we have not taken suf- ficient account of the large profits of the last year or two.
We must remember, however, that we are only fixing a base, the excess over which is to be taxed. Obv...iously, it fits existing conditions better to fix that base as near as possible to the period the profits of which are to be taxed.
If we took the years 1912-13-14, the administrative diffi- culty of assessing plants started since 1914, as well as of measuring the earnings of the then existing plants by the side of the now existing plants, would be much greater IS than if we took the years 1914-15-16. It must not be forgotten that the last three years in this country have been epoch-making, so far as industrial growth is con- cerned.
What to read after A Constructive Criticism of the United States War Tax Bill?
You can find similar books in the "Read Also" column, or choose other free books by Edwin Robert Anderson Seligman to read onlineMoreLess
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