Agenda for Progressive Taxation

ability to pay accumulated actual additional adjusted age difference amortization amount annual annuity arbitrary assessment assets averaging period avoidance basis beneficiaries bequeathing power method bequests bracket capital gains computing considerable considered consumer consumption corporation cost countercyclical cumulative deduction dependents depletion allowances depreciation difficulties discrimination distribution dividends donor earned income credit economic effect employee entire equity estate tax example exemption expenditure expenses fairly federal tax funds gift tax graduation imputed income included income tax increase individual inheritance tax inherited wealth interest investment involved Irving Fisher less losses ment net estate obtained offset outlays paid payment permit persons possible practice premium present problem produce profits progressive tax recipient reduced refund residence result Revenue Act savings schedule spendings tax substantial succession taxes sumer surtax tables tax avoidance tax base tax burden tax credit tax rates taxation taxpayer tion transfer treatment valuation