This will be the more necessary, because hitherto the
aristocracy have quartered their younger children and connections upon
the public in useless posts, places and offices, which when abolished
will leave them destitute, unless the law of primogeniture be also
abolished or superseded.
A progressive tax will, in a great measure, effect this object, and that
as a matter of interest to the parties most immediately concerned, as
will be seen by the following table; which shows the net produce upon
every estate, after subtracting the tax. By this it will appear that
after an estate exceeds thirteen or fourteen thousand a year, the
remainder produces but little profit to the holder, and consequently,
Will pass either to the younger children, or to other kindred.
TABLE III
Showing the net produce of every estate from one thousand
to twenty-three thousand pounds a year
No of thousand Total tax
per annum subtracted Net produce
L1000 L21 L979
2000 59 1941
3000 109 2891
4000 184 3816
5000 284 4716
6000 434 5566
7000 634 6366
8000 880 7120
9000 1100 7900
10,000 1530 8470
11,000 1930 9070
12,000 2380 9620
13,000 2880 10,120
(No of thousand (Total tax
per annum) subtracted) (Net produce)
14,000 3430 10,570
15,000 4030 10,970
16,000 4680 11,320
17,000 5380 11,620
18,000 6130 11,870
19,000 6930 12,170
20,000 7780 12,220
21,000 8680 12,320
22,000 9630 12,370
23,000 10,630 12,370
N.B. The odd s
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