'This is one of those rare technical books which has an importance outside its own field' The Daily Telegraph.'One of the most stimulating post-war books on public finance' The Guardian.Part 1 examines the issue of Expenditure Tax in principle and includes chapters on the following:* Income, Expenditure and Taxable Capacity* The Concept of Income in Economic Theory* Taxation and Savings* Taxation and risk-bearing* Taxation and the Incentive to Work* Company Taxation* Taxation and Economic ProgressPart 2 examines the issue of Expenditure Tax in practice, asking whether personal expenditure tax is practicable and putting forward a proposal for Surtax Reform.
Introduction; Part I The Issue in Principle; Chapter I Income, Expenditure and Taxable Capacity; Chapter II Taxation and Savings; Chapter III Taxation and Risk-Bearing; Chapter IV Taxation and the Incentive to Work; Chapter V Company Taxation; Chapter VI Taxation and Economic Progress; Part II The Issue in Practice; Chapter VII Is a Personal Expenditure Tax Practicable?; Chapter VIII A Proposal for Surtax Reform;
"This is one of those rare technical books which has an importance outside its own field' The Daily Telegraph. 'One of the most stimulating post-war books on public finance' - The Guardian