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Henry George had not then declared his gospel; and, although I felt that there was something very faulty in the scheme, I did not declare in my article on the subject that an acre in Collins street might be of more value than 50,000 acres of pastoral land 500 miles from the seaboard, and was therefore more fitly liable to taxation for the advantage of the whole community, who had given to that acre this exceptional value.
The many merchants from abroad, especially those belonging to the peoples allied to the Mongols, also had in every respect a privileged position in China. They were free of taxation, free to travel all over the country, and received privileged treatment in the use of means of transport. They were thus able to accumulate great wealth, most of which went out of China to their own country.
Resolved, That any person who shall, by speaking or writing, assert or maintain that any person or persons, other than the General Assembly of this colony, have any right or power to impose any taxation on the people here, shall be deemed an enemy to his Majesty's colony."
To this period belong, in addition to lesser works, his great speeches On American Taxation and On Conciliation with America , as well as his spirited Letter to the Sheriffs of Bristol . He had been elected member of parliament for Bristol in 1774, but he lost his seat in 1780 because he had advocated the relaxation of the restrictions on the trade of Ireland with Great Britain and of the penal laws against Catholics.
The skill of a financier in such an age is to equalise the receipt of taxation, and the outgoing of expenditure; it should be a principal care with him to make sure that more should not be locked up at a particular moment in the Government coffers than is usually locked up there.
He offered all that the Cretans could desire, short of annexation to Greece, an assembly of their own, freedom from taxation for a term of years, a prince of their own election without reserve, and the half of the customs receipts.
I may remind the reader here that where an outside block can, as it were, be sliced off one side of the estate, an application can be made to the Government to have it measured and classed in future as land thrown out of cultivation, which is liable to a reduced rate of taxation, but the Government will make no reduction in the case of pieces of land, which are in the plantation, being thrown out of cultivation.
Along with the mortgage, imposed by capital upon the farmer's allotment, this is burdened by taxation. Taxation is the fountain of life to the bureaucracy, the Army, the parsons and the court, in short to the whole apparatus of the Executive power. A strong government, and heavy taxes are identical.
Nor shall Congress have power to authorize any higher rate of taxation on Persons held to Labor or Service than on land. The bringing into the District of Columbia of Persons held to Labor or Service, for sale, or placing them in depots to be afterwards transferred to other places for sale as merchandize, is prohibited. "Section 4.
The "Socialism" of Taxation But there is another form of State interference which is more direct and significant than any of these. One of the largest State works is that of public education. Now the cost of this is in large measure defrayed by rate and tax, the bulk of which, in this case, is paid by those who do not get for themselves or for their children any direct return.
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