Frenzied Liberty : the Myth of "a Rich Man's War"
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In our eReader you can find the full English version of the book. Read Frenzied Liberty : the Myth of "a Rich Man's War" 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 Frenzied Liberty : the Myth of "a Rich Man's War"
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To quickly assess the difficulty of the text, read a short excerpt:
3. It is true, on the other hand, that on very large incomes as distinguished from the largest incomes, our income tax is somewhat lower than the English tax, but the difference by which our tax is lower than the English tax is incompar- ably more pronounced in the case of small and moderate incomes than of large incomes. Moreover, if we add to —29— The Myth of ''A Rich Man's War'' our income tax our so-called excess profit tax, which is merely an additional income tax on earnings derived from ...business, we shall find that the total tax to which rich men are subject is in the great majority of cases heavier here than in England or anywhere else.
4. It is likewise true that the English war excess profit tax is 80% (less various offsets and allowances) whilst our so- called excess profit tax ranges from 20% to 60%.
But it is entirely misleading to base a conclusion as to the relative heaviness of the American and British tax merely on a comparison of the rates, because the English tax is assessed on a wholly dif- ferent basis from the American tax.
What to read after Frenzied Liberty : the Myth of "a Rich Man's War"?
You can find similar books in the "Read Also" column, or choose other free books by Kahn Otto Hermann to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
3. It is true, on the other hand, that on very large incomes as distinguished from the largest incomes, our income tax is somewhat lower than the English tax, but the difference by which our tax is lower than the English tax is incompar- ably more pronounced in the case of small and moderate incomes than of large incomes. Moreover, if we add to —29— The Myth of ''A Rich Man's War'' our income tax our so-called excess profit tax, which is merely an additional income tax on earnings derived from ...business, we shall find that the total tax to which rich men are subject is in the great majority of cases heavier here than in England or anywhere else.
4. It is likewise true that the English war excess profit tax is 80% (less various offsets and allowances) whilst our so- called excess profit tax ranges from 20% to 60%.
But it is entirely misleading to base a conclusion as to the relative heaviness of the American and British tax merely on a comparison of the rates, because the English tax is assessed on a wholly dif- ferent basis from the American tax.
What to read after Frenzied Liberty : the Myth of "a Rich Man's War"?
You can find similar books in the "Read Also" column, or choose other free books by Kahn Otto Hermann to read onlineMoreLess
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