Spencer Heath Archive

Item 714

Pencil notes on 3X5 cards

Sometime after 1936?

White envelope has items 714-726.

1. By the direct amount of the taxes
2. By the pyramiding of the taxes
3. By checking production and competition, thus establishing monopolies
4. By the effects caused by spending the taxes for anti-social purposes such as subsidies and doles and other purchases of political support, and in trade repressions that cause wars and for munitions to prevent (?) wars.

Taxes on production, on the use of land (and capital) are multiple detriments on rent.

Upon the sale of lands the new owners discount in their purchase price all the present taxes that are collected and all the prospective taxes that are feared. They take the lands free from all present or anticipated taxation.