The Pamphlet Collection of Sir Robert Stout: Volume 14
47.—The neglect stereotyped
47.—The neglect stereotyped.
In the following year (1698) the same sum of £1,484,015 1s. 11d. was voted, and ordered by Parliament to be raised in precisely the same manner; and the only exception that I have observed for the hundred years from 1697 to 1798, when the amount then levied was made perpetual, to the mode now adopted, is in the 1st Anne (1702), which specified the amount; but I do not find that any rate is to be levied on any personal property except public offices—which shows that the principle of the enactment of 1697 has continued to he approved of by a majority in Parliament: thus depriving the State of a growing revenue in proportion to the increased value of property, which undoubtedly was the intention of Parliament in repeatedly enacting that the rate should be levied on the full true yearly value at the time of making the assessment.
The following table presents at one view the amounts annually levied in England from the Revolution to the present time, on lands and other real and personal property by various acts in the nature of and under those commonly called the Land Tax. In addition, since the union with Scotland in 1706, for every sum of £1,997,763 contributed by England the quota of the latter has been £48,000, and in like proportion for any greater or lesser sum. Thus by—page 195