Taxation in the New State (Routledge Revivals)
By J Hobson
Published October 17th 2012 by Routledge – 254 pages
Series: Routledge Revivals
First published in 1919, Taxation in the New State explores the practical application of tax policy to the financial situation of post-World War I Britain. Hobson assesses policy according to the tax payer’s ability to bear the burden and draws a distinction between ‘cost’ and ‘surplus’. He proposes a number of reforms and considers the pitfalls of attempting the find required revenue using ordinary taxation in a post-war financial crisis.