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Chapter I. On The General Principles Of Taxation.

yarn, whether spun in the country itself or imported.

§ 4. Taxation systems of the United States and other Countries.

It will now well repay study to examine Chart No. XXI, which shows in what manner the United States have raised their revenues, and to consider how far the right rules of taxation have been followed.

I. For means of comparison, I shall give the last annual budget of the United States in order to make clear from what sources the country derives its revenues:

Chart XXI.

United States Budget, Year

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