Taxation according to ability to pay means, therefore, taxation with the minimum of economic loss to the community as a whole.
Hugh Dalton:
Principles of Public Finance, 1923 pp126.
This blog is of supportive statements to the cry made by Home-owner’s to 'Stop The Annual Taxation Of Houses' by Local Governments. Instead rate the land value they sit on! Annual site value rating of land, prevents involuntary poverty, unemployment, territory conflict, economic decline, land price debts, labour & capital taxes. Further evidence of the inherent economic justice of this philosophy or your comment posting is welcome. {:D
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