Deflation Why And How An Address Together With a Discussion Delivered At the
Deflation Why And How An Address Together With a Discussion Delivered At the
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In our eReader you can find the full English version of the book. Read Deflation Why And How An Address Together With a Discussion Delivered At the 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 Deflation Why And How An Address Together With a Discussion Delivered At the
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To quickly assess the difficulty of the text, read a short excerpt:
Professor Kemmerer: We are getting over into the field of taxation here. That is a pretty big question. My own judgment is that, contrary to the general im- pression of the financial press and of a great many of my best friends, in times like these the excess profits tax is not, and in the next year or so the excess profits tax is not to any great extent likely to be shifted and that a tax on sales would be cumulative, and very in- equitable in its incidence. What is finished product for one in...dustry is the raw material for another. A sales tax catches an article at many different stages of its progress toward the final consumer.
If a tax on sales reaches necessities (and almost everything is a necessity under certain circumstances), the people who buy those necessities will pay it, and the tax would be shifted to a great extent to the people who could least afford to pay it.
I hope we will have the most rigid economies but I don't believe in a general sales tax or a general sales tax exclusive of foods.
What to read after Deflation Why And How An Address Together With a Discussion Delivered At the?
You can find similar books in the "Read Also" column, or choose other free books by Edwin Walter Kemmerer to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Professor Kemmerer: We are getting over into the field of taxation here. That is a pretty big question. My own judgment is that, contrary to the general im- pression of the financial press and of a great many of my best friends, in times like these the excess profits tax is not, and in the next year or so the excess profits tax is not to any great extent likely to be shifted and that a tax on sales would be cumulative, and very in- equitable in its incidence. What is finished product for one in...dustry is the raw material for another. A sales tax catches an article at many different stages of its progress toward the final consumer.
If a tax on sales reaches necessities (and almost everything is a necessity under certain circumstances), the people who buy those necessities will pay it, and the tax would be shifted to a great extent to the people who could least afford to pay it.
I hope we will have the most rigid economies but I don't believe in a general sales tax or a general sales tax exclusive of foods.
What to read after Deflation Why And How An Address Together With a Discussion Delivered At the?
You can find similar books in the "Read Also" column, or choose other free books by Edwin Walter Kemmerer to read onlineMoreLess
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