The ABC of taxation

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Monograph

Identifikator:: 1010741608

URN:: urn:nbn:de:zbw-retromon-21094

Document type:: Monograph

Author:: Fillebrown, Charles Bowdoin

Title:: The ABC of taxation

Edition:: Fourth edition specially revised

Place of publication:: Garden City, New York

Publisher:: Doubleday, Page & Company

Year of publication:: 1916

Scope:: 1 Online-Ressource (236 Seiten)

Digitisation:: 2018

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

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Document type:: Monograph

Structure type:: Chapter

Title:: Part II. Three Boston object lessons in taxation

Collection:: Economics Books

68 THE A B C OF TAXATION exempted, the land alone would yield the same amount, (161,135,900 at I18.70 equals $1,143,672). Some Pertinent Illustrations There are on this street, between Adams Square and Eliot Street, 179 buildings, twenty-one of which have been erected in the last twenty years. At this rate Washington Street is confronted with the happy prospect of buildings of modern beauty and con venience in only a trifle more than one hundred and seventy years, provided only that none of them grows old meantime. Has not fifty years been the limit of a useful life for the average building of the past? If so, Washington Street should have three full crops of new buildings, instead of one, in the one hundred and seventy years. All nature renews itself and comes out in a new dress once a year. The more the land is enriched, the more fertile the agricultural crop. Why is there not found the richest economic crop of buildings on land richest in value? Is not something “rotten in Denmark”? If so, what is it? The human body, as man’s habitation, is renewed once in seven years, cuticle and all. Of Boston’s 87,300 buildings 1,657 were erected in 1907. If one-half, or 828, of these are due to a natural growth of less than 1 per cent annually (the annual increase in population is over 2 per cent), and only one-half are to renew old buildings already enumerated, then it v/ill take at this rate upwards of one hundred years to scrape off the surface scurf, and give to Boston a fresh and healthy cuticle. It will require these one hundred years even if every new building is proof against decay.

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