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Debt Tax Debate Shows Clash Over Capital and Income
The House debated a proposed tax on capital and income with critics warning of evasion coercion and emigration. Supporters argued a unified levy is needed, citing war costs and the value of government finances, while objections centered on constitutional issues and unequal impact on clergy, trades, and property owners.
MENTIONED IN THIS ARTICLE
John
West Indies
Siméon
Holland
Switzerland
House
M. A. Taylor
Rating
W. Young
K. Baring
WV. Suzith
Adam Smith
Martin
Pitt Nowrote
Mosnay
Lords
Houe of Peers
Jord Nelson
Pere
Lirney
Tierney
England
Pulteney