6. How does Massachusetts tax interstate railroads running through the state? What defects, if any, do you see in the Massachusetts plan?
7. Can taxation be used to secure some of the profits of large corporations?
[CHAPTER 18]
PERSONAL TAXES
References.
Adams, T. S., The effect of income and inheritance taxes on the distribution of wealth. A. E. Rev., 5 (no. 1, supp.): 234-244. 1915.
The place of the income tax in the reform of state taxation. A. E. Assn. Bul., 4th ser., 1 (no. 2): 302-321. 1911.
*Blakey, R. G., The new income tax. A. E. Rev., 4: 25-46. 1914.
Bowley, A. L., The British super-tax and the distribution of income. Q. J. E., 28: 255-268. 1913-1914.
*Bullock, chs. XII, XVI.
The taxation of property and income in Massachusetts. Q. J. E., 31: 1-61. 1916-1917.
Daniels, Pt. II, ch. VIII.
Grice, J. W., Recent developments in taxation in England. A. E. Rev., 1: 488-504. 1911.
Hill, J. A., The income tax of 1913. Q. J. E., 28: 46-68. 1913-1914.
Seligman, E. R. A., The income tax. Ed., 1914.
Smith, R. H., Distribution of income in Great Britain and incidence of the income tax. Q. J. E., 25: 216-238. 1910-1911.
West, Max, The inheritance tax. 2d ed., 1908.
Questions.
1. What is the present status of the inheritance tax in the American commonwealths?
2. Discuss the proposition that income is the normal source of taxation.