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Page 226
PROFITS AND TAXATION . SUGGESTIONS FOR RECASTING THE SYSTEM OF TAXATION OF PROFITS If we are to sustain both a modern welfare state and a heavy burden of rearmament in a world in which the terms of trade are moving against us ...
PROFITS AND TAXATION . SUGGESTIONS FOR RECASTING THE SYSTEM OF TAXATION OF PROFITS If we are to sustain both a modern welfare state and a heavy burden of rearmament in a world in which the terms of trade are moving against us ...
Page 227
But modifications of the system of taxation should not only simplify it ; they should also be designed so as to minimise the adverse effect of taxation on incentive and productivity , so as to encourage the accumulation of capital ...
But modifications of the system of taxation should not only simplify it ; they should also be designed so as to minimise the adverse effect of taxation on incentive and productivity , so as to encourage the accumulation of capital ...
Page 236
Like the changes in taxation which have been suggested , it would both encourage capital accumulation and increase incentive for the active producers of wealth . The legis- lation could be more generous in its scope than that en- ...
Like the changes in taxation which have been suggested , it would both encourage capital accumulation and increase incentive for the active producers of wealth . The legis- lation could be more generous in its scope than that en- ...
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Bibliographic information
| Title | The Quarterly Review, Volume 290 |
| Contributors | William Gifford, Sir John Taylor Coleridge, John Gibson Lockhart, Whitwell Elwin, William Macpherson, William Smith, Sir John Murray IV, Rowland Edmund Prothero (Baron Ernle), George Walter Prothero |
| Publisher | John Murray, 1952 |
| Export Citation | BiBTeX EndNote RefMan |