 | David Ricardo - Economics - 1821 - 566 pages
...so much in any selection of its objects, as in the general amount of its effects taken collectively. Taxes are not necessarily taxes on capital, because...am required to pay 100/., it will really be a tax on my income, should I be content with the expenditure of the remaining •900/. ; but it will be a... | |
 | David Ricardo - Economics - 1821 - 560 pages
...so much in any selection of its objects, as in the general amount of its effects taken collectively. Taxes are not necessarily taxes on capital, because...because they are laid on income. If from my income of 10001. per annum, I am required to pay 100/., it will really be a tax on my income, should I be content... | |
 | Leone Levi - Finance, Public - 1860 - 282 pages
...well described by Mr. Ricardo, that we cannot do K better than quote his observations on the subject. 'Taxes are not necessarily taxes on capital, because...my income of 1000?. per annum I am required to pay l00?., it will be really a tax on my income, should I be content with the expenditure of the remaining... | |
 | Robert Scott Moffat - Capital - 1878 - 692 pages
...Ricardo is also quite right in saying ' taxes are not necessarily taxes on capital, because they arc laid on capital ; nor on income, because they are laid on income ;' but he is entirely wrong, though supported by the authority of Adam Smith, in using such an argument... | |
 | David Ricardo, John Ramsay McCulloch - Economics - 1886 - 688 pages
...so much in any selection of its objects, as in the general amount of its effects taken collectively. Taxes are not necessarily taxes on capital, because...my income of 1000/. per annum, I am required to pay IOO/., it will really be a tax on my income, should I be content with the expenditure of the remaining... | |
 | Charles Jesse Bullock - Finance - 1906 - 698 pages
...so much in any selection of its objects, as in the general amount of its effects taken collectively. Taxes are not necessarily taxes on capital, because...am required to pay £100, it will really be a tax on my income, should I be content with the expenditure of the remaining £900 ; but it will be a tax... | |
 | Charles Jesse Bullock - Finance - 1906 - 700 pages
...so much in any selection of its objects, as in the general amount of its effects taken collectively. Taxes are not necessarily taxes on capital, because...because they are laid on income. If from my income of ^t000 per annum, I am required to pay £100, it will really be a tax on my income, should I be content... | |
 | David Ricardo - Economics - 1919 - 526 pages
...objects, as in the general amount of its effects taken collectively. TaxeVare not necessarily taxes an capital, because they are laid on capital ; nor on...because they are laid on income. If from my income of ,£1,000 per annum, I am required to pay ,£100, it will really be a tax ' on my income, should I be... | |
 | Economics - 1927 - 820 pages
...capital or upon income. The real incidence might be quite different from the apparent one. He .said : Taxes are not necessarily taxes on capital because...they are laid on income. If from my income of 1000 Pounds per annum I am required to pay 100 Pounds, it will really "Taxation, the Nation'! Busineti,... | |
 | Michael Veseth - Business & Economics - 1990 - 257 pages
...capital (at least insofar as these notions apply to taxation). But Ricardo was correct when he wrote that "taxes are not necessarily taxes on capital because...capital; nor on income because they are laid on income." 22 The issue was muddied by the form of the income tax itself, which was partly determined by its historical... | |
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I am required to pay 100/., it will really be a tax on my income, should I be content with the expenditure of the remaining •900/. ; but it will be a tax on capital, if I continue to spend 1000/. 
