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Abstract

The history of income tax is typical of British taxation as a whole. Measures are introduced to meet some military or economic emergency, often in an atmosphere of national crisis. Governments subsequently become dependent on the new sources of revenue and are reluctant to dismantle the apparatus for their collection, long after the original crisis has passed.

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© 2013 Robert Anthony Rayman

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Rayman, R.A. (2013). The Growth of the Monster. In: Toxic Economic Theory, Fraudulent Accounting Standards, and the Bankruptcy of Economic Policy. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-137-30450-6_13

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