The fiscal problem in Missouri

Bibliographic data

Monograph

Identifikator:: 1833271335

URN:: urn:nbn:de:zbw-retromon-230042

Document type:: Monograph

Title:: The fiscal problem in Missouri

Place of publication:: New York

Publisher:: National Industrial Conference Board, Inc.

Year of publication:: 1930

Scope:: xvi, 359 S.

Digitisation:: 2022

Collection:: Economics Books

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Brf Jgepii 02 4 63 PREFACE 7 NHE perpetual problem of state and local government is 1 the demand for increased revenue to meet growing ex- penditures. While in recent years the expenditures of the Federal Government have remained comparatively sta- tionary, those of the state and local governments have in- creased rapidly. The fiscal problem that confronts these governments is twofold. First, how far is the increase of expenditures a legitimate outcome of greater governmental needs, and how far is it the result of negligence or of extravagance on the part of the guardians of the people’s money? Second, since a certain amount of increased expenditure is generally re- garded as legitimate, in view of growing population” and social advance, how shall the needed revenues be obtained— by the increase of existing revenues, or the adoption of new taxes, or the resort to loans? The answer to these questions in any particular common- wealth can be determined only on the basis of a comprehen- sive survey of conditions in the present and in the immediate past, as respects public expenditure, public revenues, and public debt, and of a careful consideration of the needs of government. From time to time, and at the instance of groups or individuals, the National Industrial Conference Board has undertaken surveys of fiscal conditions in a number of states, namely: Wisconsin, West Virginia, Dela- ware, Illinois, and New York. To these studies it now adds the present volume relating to the State of Missouri, pre- pared at the request of the Associated Industries of Missouri. Over a long period of years, the National Industrial Con- ference Board has issued studies dealing with the character- istics of individual taxes, the various taxes to which particular groups of taxpayers are subject, and the taxes levied in a particular area. The last type of study is exemplified by the present volume. Through these different lines of approach the Conference Board is building up a body of tax literature

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