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8 - Land taxation, economy and society in Britain and its colonies

Published online by Cambridge University Press:  07 December 2009

Martin Daunton
Affiliation:
Professor of Economic History, University of Cambridge, Master of Trinity Hall, UK
John Avery Jones
Affiliation:
London School of Economics and Political Science
Peter Harris
Affiliation:
University of Cambridge
David Oliver
Affiliation:
University of Cambridge
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Summary

Introduction

In pre-industrial societies, the structure of land ownership and tenure is central to the fiscal capacity of the state, the structure of society and politics and the pattern of economic growth. Land is obviously visible and measurable, and can therefore be taxed more easily than the profits of trade or industry. But a number of questions immediately arise, not least because the claim of the state for taxes collided with the demands of the landlord for rent and of the occupier for subsistence and profit. The state might side with the landlords to collect taxes in return for support of their claims to greater power and authority; or the state might opt to back the proprietors, improving their security of tenure in return for taxation. Of course, in societies of small independent proprietors, these trade-offs did not apply and the state might prefer to have a direct relationship with owner-occupying yeomen or peasants.

The choice was not only a matter of fiscal extraction, for it also had implications for economic growth. Which is more likely to lead to growth: small proprietors willing to invest their energy and capital in land; or economies of scale from large estates? Critics of small proprietors complained that they were inefficient, lacking sufficient capital and skill; and opponents of great estates argued that they led to exploitation and a society based on bitter conflict.

Type
Chapter
Information
Comparative Perspectives on Revenue Law
Essays in Honour of John Tiley
, pp. 197 - 218
Publisher: Cambridge University Press
Print publication year: 2008

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