26 FEBRUARY 1927, Page 2

On the whole, the Majority look upon the spreading of

taxation over the various classes since the War as satis- factory. They put their finger on the sugar duty as being too high. The discussion of the correct proportions of direct and indirect taxation causes them to emphasize the relative harmlessness of direct taxation. On the other hand, as they are deeply sensible of the importance of convincing the nation that the bill has to be paid by all classes, they admit that there must be a considerable amount of indirect taxation which is virtually the only kind of taxation paid by the wage-earner.

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