[Footnote 8: No reference is made in what follows to fees payable but once for the incorporation of new companies or at times of increasing the capital stock of an old one, variously called taxes on corporate charters, license taxes, incorporation fees, organization fees, and charter fees.]
[Footnote 9: See above, sec. 3.]
[Footnote 10: E.R.A. Seligman, "Essays on Taxation" (1895), p. 156.]
[Footnote 11: Seligman, op. cit. p. 136.]
[Footnote 12: See above, sec. 7.]
[Footnote 13: See above, sec. 5.]
[Footnote 14: The assessment feature of this proposal is exemplified more nearly than anywhere else, tho still imperfectly, in the "Indiana plan," in which, however, the true concept of property is recognized only in so far as the shares of corporations of which all the wealth is taxed are not assessed to the shareholders.]
[Footnote 15. This need not prevent a supplementary system of graduated taxation on incomes. See below, ch. 18, sec. 10.]