REMARKABLE BUDGET FALLACIES.
[To THE EDITOR OF THE "SPECTATOR."
8111,-With reference to my letter entitled "Taxation of Royalties" in your last issue, will you kindly allow me to expose a further method employed by Socialist-Radical speakers to deceive the working-class electors, particularly in the North of England, where it meets with amazing success P These speakers produce the Revenue Returns, and declaim that "Land-tax, prior to Mr. Lloyd George's Budget, realised only 2700,000 per annum." Now this item of revenue merely refers to the ancient Land-tax (so called), which is only nominal, practically obsolete, and is rapidly being redeemed all over the country. It is of the last importance, therefore, that Unionist workers should thoroughly explain and emphasise on every possible occasion that /and has been well taxed for many years under the heading of Property and Income Tax, local rates, &c., on the same basis as house property. By so doing there is overwhelming proof that many votes will be saved to
[Our correspondent might have added that the old Land-tax used to be an Income-tax, but that all sources of wealth except land managed, as in the case of the rates also, to "slip the collar." Thus land has to bear the whole burden of the tax.—En. Spectator.]
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