Author Description

<p>'This is one of those rare technical books which has an importance outside its own field' The Daily Telegraph.<br> 'One of the most stimulating post-war books on public finance' The Guardian.<br> <br> Part 1 examines the issue of Expenditure Tax in principle and includes chapters on the following:<br> * Income, Expenditure and Taxable Capacity<br> * The Concept of Income in Economic Theory<br> * Taxation and Savings<br> * Taxation and risk-bearing<br> * Taxation and the Incentive to Work<br> * Company Taxation<br> * Taxation and Economic Progress<br> <br> Part 2 examines the issue of Expenditure Tax in practice, asking whether personal expenditure tax is practicable and putting forward a proposal for Surtax Reform.</p>