A Curb to Predatory Wealth

Cover A Curb to Predatory Wealth
A Curb to Predatory Wealth
Wv William Vickroy Marshall
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IN principle the single tax and the graduated property tax are the same; both are intended to prevent monopoly by so discriminating against it by an increase in the tax rate as to render it unprofitable to monopolize. They differ only in method of application, which is of no more importance than the difference between the various sects of protectionists, banking system champions, or advocates of government ownership, for in these theories founded on similar principles the differences in detail
...may be numerous but are largely neglible.
The single taxer would tax the land only.
The graduated taxer would tax all property used or usable as a basis of profit, such as the land, barn, machinery, and work animals of the farmer; the plant, including land, build- ings, machinery, and average supply of work- ing stock, of the manufacturer; the goods and 101 102 A CURB TO PREDATORY WEALTH.
storehouse of the merchant; the office build- ing, cash, and notes of the money lender.
The single taxer would exempt from levy every form of property, whether used as a means of profit or not, except land.


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