Taxation in the New State

First Published In 1919, Taxation In The New State Explores The Practical Application Of Tax Policy To The Financial Situation Of Post-World War I Britain. Hobson Assesses Policy According To The Tax Payer’S Ability To Bear The Burden And Draws A Distinction Between ‘Cost’ And ‘Surplus’. He Proposes A Number Of Reforms And Considers The Pitfalls Of Attempting The Find Required Revenue Using Ordinary Taxation In A Post-War Financial Crisis.