The Sun.
London, England, 1815-11-03 00:00:00

I)B.()I'F,IZTV

OBSERVATIANS COPthntrd on the present Sperm
real Prpperlq, and Profits on Professkns and Trades., and
a Pity; e.l the Manner in which tios:e Taxes may be made
to tear more equitably and less pereep!ibletu the Public, and
mere productive to the Revenue.
•

[Coutiii.urd from our Paper of Vesterqny.]
- Where the repairs are so material that it is ill-
most equal to a rebnilding of the pretnises, and it
'nay he reasonably supposed that the expenej
would produce an additional rent, so great a de-
duction should not be allowed. No premises can
lit repaired, to he of any real service, for Icss
than 101'. I.,er cent. per annum, on an average ;
more often, no many premises, 151 per cent. 1
have, however, in the forging statement, calcu-
lated on 12/. per ceat. as itilie-an on all premises.
And, for the sake of even numbers, have reckoned
the insurance at 11. percent: although it is too
much ; for it is desirable to encourage insurance.
A portion of the money paid for insurances a
contribur on to the State, and for,.that reason
ought to he deducted from the Property Tax, as
vVeli as Land Tax, which contributes in the same
manner. Repairs, tot), are as necessary as drain-
inv., in the Fens, to uphold the means front which
the revenue are derived, and should he allowed
for, with the same propriety, as draining is. Nei-
ther of t em can be dispensed with.
It must not be supposed, that by permitting
such deductionsomyelefieiency would arise in the
payments that ought'to be made to,the re'venues
Of the St,tte, :he county, and the parish, or that,
to make up such deficiency, the Legiilatrire would
be compelled to lay a gt eater brirthen on the pa 6;
plc. To tax them at a -higher rate than at
.pre-
tent; under the existing :System, would,- indeed,
prove more vexatiously., injurious to those ‘i ho
are already so partially; aggrieved ; but with the
modification recoinmerrilat;--t-o-reise the same sum
only, that is now obtained,hy the Tax; although
,At a higher. .
,rate per cent. has exactly the same
effeet ; thus 1001. at 101. per cent. is equal to
83,333 part thereof at 12/. per cent. Either mode
producing the same sum only ,front the. tenant,
renders the rate of taxation, alike to all, without
injuring the revenue.
As from the same, subterfuge.betweett a land-
.lord and his tenant,, that one shall pity the cos-
Jornary charges of the Other, two tenants,. whose
premises ate exactly. similar, and whose rents
were originally etin:ll,_ may by the consequebral-
teratiou of one of the• mots, have to pay more or
less county and parochial rates than the othtr.---
irheategrdation for affixing the sum to be assessed
on, wiii6 places the, two landlords on •a par with
each other,•with respect to their rents, will scree
the same purpose for the two tenants, in making
the payment of their rates equal.
The regulation, . that will remedy the i'nequa-
lity of rates and taxes arising front SO many dilre-
Tent causes, by shewing..what sum eacktenant, or
latis Premises, sh,rllstitod alike assessed, at in, the
parish and King's books, ,that all, other charges
-ate governed by, is, for the tenant to make that
.
return which I recoMmended, according to, the
following—

Net Bent to be
assessed. '

r•••
.00 .0C CO CIO

Total
Allowance to
Landlord.

,

Allowance for
• iwittrince,

per Cent.