Excerpt from The Reorganisation of Industry Papers, Vol. 3 I do not want to take up very much of. The time, but I do want to say a few words on one point which Professor Pigou has referred to, viz., taxation. It will'be perfectly true that, even if we get back to the real value of our wages prior to the war, and the workers are taxed indirectly through any form of taxation other people care to impose, then the position of the workers will be more serious than it was before the war, I think the workers in this country ought to be alive to the fact that all indirect taxation is likely to hit them much more severely than a new form of direct taxation, and I hope that if these heavy costs have to be paid that they will be paid in such a way that the workers Of the country - especially the lower-paid workers - will be exempt from a good deal of the direct and indirect taxation, and that there will be heavy graduated taxes on those who are able to pay. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.