26.85
410 %
which,
the due
in addition to the English form of transfer= they might consider necessary for security of their title to the
& ground.
Into the tax to be levied might, of course, if expedient, be merged the present Police
rates! this is a
is a tax upon the estimated
annual value of houses and lands, and is, in truth, identical with that proposed to be substituted for the present ground rents,
that it is collected, in the first instance from the tenants: (the land tax in
Saying
England, is collected in
is collected in the same
the same way).) But,
though so collected, it is obvious that it must be ultimately paid by the proprietor.
Ma
pays
Sum
a person reside in a house for which he
is
one
and this
hundred pounds a year,
afford for house
p what he can
Just
rent, if a tax of Five pounds a year
imposed,
be
he will have to pay for his house
One hundred and
five pounds a year,
which is five pounds
more than he can
afford:
he
must therefore seek a house with
that is, one
the original rent
hundred pounds
a lower rent;
which added to the tax is one
a year.
the
is
of
thus incon
venienced,
but not
pecuniarily taxed. The classes above him are similarly affected; until the proprietors of houses bearing the highest rents find that they
must either reduce their rents or lose their tenants. they will of
course
prefer to do the former: those with houses lower in the scale
much then do the same; and so, rents will
find their former level, and the tax will fall wholly on the landlords.
But
Blank though the police tax and the
& property tax would be paid by the same
real
person,
and
ARD (W
effect identical, thou art
on any cogent reasons why they should remain, as at present, separate. To levy both
poms the tenants would be
the
Chinese
could
hardly
a measure which
be made to
understand now, and which thereforde
26.85
410 %
which,
the due
in addition to the English forse of transfer= they might consider necessary for security of their title to the
& ground.
Into the tax to boied might, of course, if expedient, be energed the present Police
rates ! this is a
is a tax upon the estimated
annual value of houses and lands, and is, in truth, identical with that proposed to be substituted for the present ground rents,
that it is collected, in the first instance from the tenants : ( the land tax in
Saving
England, is collected in
is collected in the same
the same way). ) But,
though to collected, it is obvious that it must be ultimately paid by the proprietor.
Ma
pays
Sum
a person peside in a house for which he
is
one
and this
hundred pounds a year,
afford for house
p what he can
Just
rent, if a Pax of Five pounds a year
imposed,
be
he will have to pay for his house
One hundred and
five pounds a year,
which is five pounds
more than he can
afford :
he
must therefore seek a house with
that is, one
the original rent
hundred pounds
a lower rent;
which added to the tax is one
a year.
the
is
of
thas incon
venienced,
but not
pecuniarily taxed. The clasies abone him are similarly affected ; centil the proprietors of houses bearing the highest rents furid that they
must either reduce their rents or love their tenants. they will of
coured
prefer to do the former : those with houses lower in the scale
much then do the same; and so, rents will
find their former level, and the tax will fall wholly on the landlords.
But
Bink though the polica tax and the
& property tax would be paid by the same
real
persow,
and
ARD (W
effect identical, thou art
onany cogent reasons why they should remains, as at present, separats. To levy beth
poms the tenants would be
the
Chinees
could
hardly
a Incasure which
be made to
understand now, and which thereford
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