Local Taxation in London (Classic Reprint)

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Excerpt from Local Taxation in London Sect. I. London is said to be a very rich city, and it is quite true that it is the place of residence or of business of a great number of wealthy merchants, manufacturers, trades men, professional men and men of no occupation. But the number of these is much exceeded by those of moderate or narrow means, and on these latter the burden of the rates seems to press with a heavy and unjustifiable weight. Now it is probable that to a large extent what these suffer from is the burden of rent, and not of rates. On whom the burden of the rates really falls is one of the most debateable questions in political economy. But it can safely be said that, to some extent at least, all classes are affected thereby, in the capacity of ground landlords, leaseholders, occupiers, lodgers, and even of employers of labour which has to pay dearly for its housing accommodation, and of buyers of goods at fashionable and highly-rated shops. It is therefore of general importance that the system of raising and spending the rates should, as far as possible, be put on a just basis. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.