A Levy On Captial for the Discharge of Debt

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* Apart from this analogy it may be recommended that if a levy on material capital is to be imposed it should be accompanied with an extra tax on income on the ground on which Mill argued, that a levy on material capital should not be imposed because it would have to be accompanied with a levy on the non-propertied classes. This ground may be described as the analogy between capital and the environment. ' Have we not * Eryxias (Pseudo-)Plato. * His qualification * acquired ' is not to the point... here^ I think. ' Draft Report by Joseph Hume. Compare Farr : ' Each person should contribute every year in proportion to the property possessed by him in that year ' (Answer to Question 4937). * Skill is a sort of indwelling property ' (4897). * A prima donna is as. Much property as the theatre in which she sings. ' * Economic Journal, June 1918, p. 144. FOR DISCHARGE OF DEBT 23 inherited a mass of acquired knowledge, both scientific and empirical, due to the sagacity and industry of those who preceded us, the benefits of which are the common wealth of all ?

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