English Land And English Landlords. An Enquiry Into the Origin And Character of the English Land System, With Proposals for Its Reform. With An Index

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This inequality is greatly aggravated by the entire exemption of landed property from Probate Duty, which is exclusively, levied on personalty, and brings in a revenue exceeding two milhons and a quarter annually.
It is the less necessary to dwell minutely on other items of Imperial taxation, as affecting Eeal Property and "land" respectively, because the general result, ascer- tained by different methods of investigation, admits of little dispute. The official tables appended to Mr.
Goschen's
...Eeport on Local Taxation (1870) show that, in the previous year, the proportion of Imperial taxa- tion falling on Eeal Property in England and Wales was £5,677,000 out of ^£46,652,949, or 12-17 per cent. ; while the proportion falhng on land only was £2,537,529, or 5-44 per cent.^ The calculations made on behalf of the Eoyal Agricultural Society in 1878 give £3,315,000 as the share of Imperial taxes on property or income "specially affecting agricultural incomes " in the whole United Kingdom,^ while the amount of Imperial taxation on " lands " in the whole personal estate, the first instalment may sometimes have to be paid out of borrowed money.

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