Author Description

'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.