"Halved" Quotes from Famous Books
... Opposition, the taunt that Pitt had to cringe to the Bank for help. A few days later Pitt explained that the triple duty would fall only upon those who already paid L3 or more on that score. If the sum paid were less than L1 it would be halved. Those who paid L3 or more would be charged at an increasing rate, until, when the sum paid exceeded L50, the amount would be quadrupled. Nor was this all. By a third Resolution he outlined the scheme of what was in part a progressive Income Tax. Incomes under ... — William Pitt and the Great War • John Holland Rose |