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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 base of civilization as we know it. This work is in the "public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.