Taxation and Enterprise

Paul Streeten

Chapter 23 in Development Perspectives, 1981, pp 407-417 from Palgrave Macmillan

Abstract: Abstract Taxation—like economics—deals with two dangerous subjects which, combined, give an explosive mixture: a man’s pockets and his ideals. Fuel has been added recently by the publication in England of the three important reports of the Royal Commission on the Taxation of Profits and Income.1 These lucidly written documents, and especially the final one, will keep the fires of controversy burning for a long time to come, not only inside Great Britain but outside her shores. Although the commissioners have not reached revolutionary conclusions, many imaginative reform proposals were considered, discussed, and, occasionally rather regretfully, rejected. The general tenor is that the British tax system, although complex and defective in many respects, is, if not the best of all possible systems, at least among the least bad ones—and that most of its evils are necessary.

Keywords: Pension Fund; Capital Gain; Free Enterprise; Capital Appreciation; Depreciation Allowance (search for similar items in EconPapers)
Date: 1981
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-05341-4_23

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349053414

DOI: 10.1007/978-1-349-05341-4_23

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().