Eason, Charles. 'The present position of the national finances'. - Dublin: Journal of the Statistical and Social Inquiry Society of Ireland,Vol. IX Part LXVII, 1887/1888, pp261-277
Journal of The Statistical and Social Inquiry Society of Ireland Vol. IX Part LXVII 1887/1888
The expenditure and revenue of the United Kingdom have been
equalised for the past few years by variations of the income tax.
But this simple process can be continued no longer. The growth
of expenditure, the adjustment of the relations of local and imperial
finance, and the need of reducing the income tax so that it may be
available in emergencies, render necessary a revision of the sources
of income. But to understand the present condition of the finances,
and the direction in which progress is possible, it is necessary to review
the growth of expenditure and revenue since the year 1842.
For the purposes of comparison, I adopt five years, viz.:—1842,
1853, 1860, 1867, 1887.
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