A Practical Scheme for the Reduction of the Public Debt and Taxation Without Individual Sacrifice
Wilks Jonathan
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A Practical Scheme for the Reduction of the Public Debt and Taxation Without Individual Sacrifice

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A bold and innovative proposal for solving the problem of public debt and taxation, written by Jonathan Wilks, a British economist and politician of the late 19th century. Wilks suggests a radical revaluation and consolidation of the national debt, combined with a progressive income tax that exempts the poor and reduces the burden on the middle class. He argues that this scheme would not only improve the financial stability of the country, but also promote social justice and economic growth. This work has been selected by scholars as being culturally important, and is part of the knowledge bas...