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Description - A Capital Levy and a Levy on War Wealth (Classic Reprint) by A. C. Pigou

Excerpt from A Capital Levy and a Levy on War Wealth

The great war, which has shattered empires, desolated millions of homes, and sown the seeds of famine over enormous areas, has also, as a minor incident in its course, revolutionized fiscal conditions in nearly all the great states of the world. The scale of Government finance has been so changed that the problems it presents are different, not merely in degree, but in kind from what they were before the war. A brief study of the present position may usefully introduce our inquiry.

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