Argument in Favor of the Proposed Constitutional Amendment Permitting the General Court to Classify Property for the Purpose of Taxation (Classic Reprint)

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Excerpt from Argument in Favor of the Proposed Constitutional Amendment Permitting the General Court to Classify Property for the Purpose of TaxationIn other countries of Europe the outcome was generally the same. The property tax was tried and found wanting, and to-day it is employed as a main source of revenue only in some of the Swiss cantons. Far from being an American invention, therefore, the general property tax is a discarded European device, which has been fastened upon us rather by historical accident than by reason of its peculiarly American and democratic qualities. The tax systems of modern Europe are based upon the principle that it is necessary to discriminate between the various classes of property or business, and to employ different methods and rates of taxation in dealing with them.* Our American States and some of the Swiss cantons stand practically alone in their attempt to tax all kinds of property at a uniform rate.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.