That all the annuities must be consolidated, viz.:—
| The | 3 per cents at | 65 |
| 3½ ” | 73½ | |
| 4½ ” | 81 | |
| 5 ” | 100 |
That an assessment of twenty per cent. be laid on all property and funds so consolidated.
That an assessment of five per cent. be laid on private property not in the British funds.
That fixed property, except buildings, be valued at twenty years’ purchase.
That this assessment be converted into a redeemable income-tax, at the option of the proprietor, at five per cent. per annum.
That a similar assessment, for the term of ten years, be levied on net profits of trade and agriculture.
In 1827, it was proposed to pay one half the debt by an assessment of twelve per cent. upon the entire capital of the country; and, in 1832, another “practical plan” was suggested; “to impose a loan of twenty per cent. upon all the net real property, excepting those whose possessions are less than £100; the amount to be paid either at once, or by instalments, within five years.”
To impose a tax of five per cent. for one year upon all incomes of not less than £100 a year, arising from profits of artists and other professional men.
To abolish all internal taxes, excepting the land-tax.