Taxation in the New State

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Focusing on taxation policies in post-World War I Britain, Hobson examines the relationship between a taxpayer's ability and the concepts of 'surplus' and 'cost'. His treatise includes discussions on financial emergencies, levies on wealth generated by war, and the interplay between imperial and local taxation. This work not only reflects his economic theories but also provides historical insights into the era's fiscal challenges. It appeals to readers interested in economics, history, and the aftermath of the First World War.