Selected Readings in Public FinanceGinn, 1906 - 671 páginas |
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Página 58
... assessed upon all the other cities and towns cor- porate in the kingdom , and arises almost altogether , either from the rent of houses , or from what is supposed to be the interest of trading and capital stock . According to the ...
... assessed upon all the other cities and towns cor- porate in the kingdom , and arises almost altogether , either from the rent of houses , or from what is supposed to be the interest of trading and capital stock . According to the ...
Página 131
... assessed valu- ation of property in each , the lowest being $ 500,000 and the highest , $ 3,250,000 . A maximum and a minimum salary for the several county officers of each class was fixed by law ; and pro- vision was made that the fees ...
... assessed valu- ation of property in each , the lowest being $ 500,000 and the highest , $ 3,250,000 . A maximum and a minimum salary for the several county officers of each class was fixed by law ; and pro- vision was made that the fees ...
Página 149
... assessing the duty was found to open a door to exten- sive frauds , it was resolved to substitute in its stead a license ... assessed was very soon subverted . The stills in use down to this period were very deep in proportion to their ...
... assessing the duty was found to open a door to exten- sive frauds , it was resolved to substitute in its stead a license ... assessed was very soon subverted . The stills in use down to this period were very deep in proportion to their ...
Página 150
... assessed on the still , the duty had the double effect of fixing attention specially on it , and of operating as a powerful incentive to its improvement.1 1 It is important to observe , however , as Bastable has pointed out , that ...
... assessed on the still , the duty had the double effect of fixing attention specially on it , and of operating as a powerful incentive to its improvement.1 1 It is important to observe , however , as Bastable has pointed out , that ...
Página 161
... assessed and collected , and is , at the same time , most con- ducive , all things considered , to the public interests . · The truth is , that the greater number of taxes , including , we believe , every one that is least injurious ...
... assessed and collected , and is , at the same time , most con- ducive , all things considered , to the public interests . · The truth is , that the greater number of taxes , including , we believe , every one that is least injurious ...
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Términos y frases comunes
Adam Smith administration amount annual annuities assessed assessors bills bonds borrowing budget burden capital cent charge cities collected commonwealth companies Congress considerable consumption corporations customs direct taxes duties economic employed equal estimate exemption existing expense fact favor fees fiscal France greater important imposed income tax increase individual industry inheritance tax intangible interest labor land legislation less levied license loans Massachusetts means ment method millions mortgage municipal national debt necessary North Carolina outlay paid payment period personal property personalty political poll tax post office postal practice present principle productive profits progressive progressive taxation property tax proportion public debt public expenditures public revenue purpose real estate real property receipts reduced result salaries secure sinking fund surplus taxable taxation taxpayer telegraphs tion towns trade treasury United valuation wealth
Pasajes populares
Página 292 - The only security against the abuse of this power is found in the structure of the government itself. In imposing a tax the legislature acts upon its constituents. This is, in general, a sufficient security against erroneous and oppressive taxation.
Página 144 - The subjects of every state ought to contribute towards the support of the government, as nearly as possible, in proportion to their respective abilities ; that is, in proportion to the revenue which they respectively enjoy under the protection of the state. The expense of government to the individuals of a great nation, is like the expense of management to the joint tenants of a great estate, who are all obliged to contribute in proportion to their respective interests in the estate.
Página 497 - Persuaded, as the Secretary is, that the proper funding of the present debt will render it a national blessing, yet he is so far from acceding to the position, in the latitude in which it is sometimes laid down, that " public debts are public benefits " — a position inviting to prodigality, and liable to dangerous abuse — that he ardently wishes to see it incorporated, as a fundamental maxim, in the system of public credit of the United States, that the creation of debt should always be accompanied...
Página 248 - Laws shall be passed, taxing, by a uniform rule, all moneys, credits, investments in bonds, stocks, joint stock companies, or otherwise ; and also all real and personal property, according to its true value in money...
Página 77 - In the administration of the forest reserves it must be clearly borne in mind that all land is to be devoted to its most productive use for the permanent good of the whole people and not for the temporary benefit of individuals or companies.
Página 166 - Equality of taxation, therefore, as a maxim of politics, means equality of sacrifice. It means apportioning the contribution of each person towards the expenses of government, so that he shall feel neither more nor less inconvenience from his share of the payment than every other person experiences from his.
Página 478 - Commerce and manufactures can seldom flourish long in any state which does not enjoy a regular administration of justice, in which the people do not feel themselves secure in the possession of their property, in which the faith of contracts is not supported by law, and in which the authority of the state is not supposed to be regularly employed in enforcing the payment of debts from all those who are able to pay. Commerce and manufactures, in short, can seldom flourish in any state in which there...
Página 144 - The tax which each individual is bound to pay ought to be certain, and not arbitrary. The time of payment, the manner of payment, the quantity to be paid, ought to be clear and plain to the contributor, and to every other person...
Página 145 - Every tax ought to be so contrived as both to take out and to keep out of the pockets of the people as little as possible, over and above what it brings into the public treasury of the State.
Página 479 - Nations, like private men, have generally begun to borrow upon what may be called personal credit, without assigning or mortgaging any particular fund for the payment of the debt ; and when this resource has failed them, they have gone on to borrow upon assignments or mortgages of particular funds.