Excerpt from Taxation and Social Reconstruction Now sound social reconstruction will demand the minimizing of friction in all departments of our social, political, and industrial life. In none of these departments is there so much needless fric tion as in the realm of taxation, and the direct cause is the repeated failure to distinguish between the nature of taxation, its incidence and its objects. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.