41.   He says that the tax is a discouragement to doing business in this state.

42.   That taxes are too high is perhaps the most perennial of plaints.

43.   Taxes are the wild card in this election.

44.   Taxes were to be uniformly imposed, whereas previously the self-employed paid up to three times as much as state employees.

45.   Not only are beer taxes still with us, but they have just gone through their biggest shake-up for many years.

46.   Ideally, all benefit taxes should be included, but if this is not possible then Peacock and Shannon advocated equal allocations of both.

47.   The tax should be perceptible.

48.   Obviously the tax will be regressive.

49.   It should be clear, however, that the more that the tax is tailored to the characteristics of the taxpayers, the greater the administrative costs will be.

50.   Hence an expenditure tax is a tax on the difference between net income and the change in net worth.