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    War Taxation Some Comments and Letters
    War Taxation Some Comments and Letters
    War Taxation Some Comments and Letters
    Ebook58 pages42 minutes

    War Taxation Some Comments and Letters

    By Otto Hermann Kahn

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    LanguageEnglish
    PublisherArchive Classics
    Release dateNov 27, 2013
    War Taxation Some Comments and Letters

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      Book preview

      War Taxation Some Comments and Letters - Otto Hermann Kahn

      The Project Gutenberg EBook of War Taxation, by Otto H. Kahn

      This eBook is for the use of anyone anywhere at no cost and with

      almost no restrictions whatsoever. You may copy it, give it away or

      re-use it under the terms of the Project Gutenberg License included

      with this eBook or online at www.gutenberg.net

      Title: War Taxation

      Some Comments and Letters

      Author: Otto H. Kahn

      Release Date: June 26, 2009 [EBook #29252]

      Language: English

      *** START OF THIS PROJECT GUTENBERG EBOOK WAR TAXATION ***

      Produced by The Online Distributed Proofreading Team at

      http://www.pgdp.net (This file was produced from images

      generously made available by The Internet Archive/American

      Libraries.)

      War Taxation

      Some Comments and Letters

      Otto H. Kahn

      1917

      War Taxation

      Contents

      War Taxation

      The recent publication of a little pamphlet entitled Some Comments on War Taxation elicited numerous interesting comments by the readers. The points to which these comments mainly related were the statements contained in the pamphlet that:

      First. If our neighbor Canada continues her present policy of not taxing incomes, or if she imposes only a moderate tax while rates of income taxation in America are fixed at oppressively and unnecessarily high rates, there can be little question that the ultimate result will be an outflow of capital to Canada, and that men of enterprise will seek that country.

      Second. Moneyed men not having their capital engaged in active business, if they are so constituted that their consciences permit them to evade their share of monetary sacrifice, can put their funds into tax-exempt securities.

      In reference to the foregoing points, I have written two letters in answer to correspondents. These letters contain an elaboration of certain arguments and viewpoints set forth in the original article on War Taxation and also refer to some additional phases of the subject. Those who have done me the honor of perusing that article may possibly be interested in reading these letters.

      In order that they may be presented as a part of the argument as a whole, the original article with a few additions and slight revisions is printed in the first part of this pamphlet, followed by the letters.

      O. H. K.

      52 William Street,

      New York, July 5, 1917.

      SOME COMMENTS ON

      WAR TAXATION

      This is a reprint, somewhat amplified, of an article printed recently in the New York Times. The original article was written before the recommendations of the Ways and Means Committee of the House of Representatives were reported.

      In a time of patriotic exaltation and of universal obligation and readiness to make great sacrifices to bring a most just and righteous war to a successful conclusion, the voice of sober argument and matter of fact considerations is apt to grate upon the ears of the people.

      That voice is all the less likely to be popular when the arguments it puts forth may easily lend themselves to the interpretation of being actuated by solicitous care for selfish interests.

      I am fully aware that by publishing the following observations I am exposing myself to that interpretation and to criticism of, and attack upon, my motives.

      Yet, seeing that certain measures now under consideration threaten to take shape in a way which, from my practical business experience and after mature deliberation, I am bound to regard as faulty and as indeed harmful to the country,

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