Download or read book Taxation in the New State (Routledge Revivals) written by J Hobson and published by Routledge. This book was released on 2013-12-17 with total page 269 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.