Full text : Economic principles

280 ECONOMIC PRINCIPLES

in return for a price not fully covering their cost, the balance
of cost being covered by general taxation in recognition of a
substantial general benefit accruing from the rendering of
such services to special sections or classes of the community,
It remains to consider by what means the distribution of
taxation can be made to correspond to the conceptions of
equity which may be entertained. For that purpose attention
must be given to the mode in which different interests are
affected by each of the chief classes of taxes.
            
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