National Taxation After the War — Alfred Marshall
The Langenderfer Library: Classics in Tax, Economics, and AccountingShow Notes
How should a nation distribute the heavy fiscal burden left by war? Alfred Marshall evaluates income taxation, taxes on capital and expenditure, and duties on imports while weighing revenue needs against equity, saving, production, and economic recovery.
Marshall argues for a tax system sensitive to family responsibilities and capacity to pay, with strongly graduated burdens and careful attention to the shifting of taxes. His discussion also reaffirms the case for free trade under the altered international conditions of the postwar world.
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