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- NEW SET
- A
- Men who continue hoarding great sums all their lives, the proper use
- of which for public ends would work good to the community, should be made
- to feel that the community, in the form of the state, cannot thus be
- deprived of its proper share. By taxing estates heavily at death the state
- marks its condemnation of the selfish millionaire's unworthy life.
- next
- 1
- 1. The author feels that
-
- A. taxing estates is the state's way of punishing unworthy men
- B. money should be spent for the public good
- C. taxes are necessary because men hoard money
- D. without taxes men will not spend money for the good of the community
- E. millionaires are selfish
- next
- b
- 0
- B
- Correct.
- next
- wrong answer explanation
- B
- (B) The author believes that money should be used for the good of the community.
- NEXT
- NEW SET
- B
- Indeed, it is difficult to set bounds to the share of a rich man's
- estate which should go at his death to the public through the agency
- of the state, and by all means such taxes should be graduated, beginning at
- nothing upon moderate sums to dependents, and increasing rapidly as the
- amounts swell. . . .
- next
- 1
- 1. The author is recommending that
-
- A. the state should inherit the bulk of a man's property when he dies
- B. to avoid taxes, people should leave a will
- C. to avoid taxes, people should dispose of their property before they die
- D. wealthy people should leave their money to the state, not to individuals
- next
- a
- 0
- C
- Correct.
- next
- wrong answer explanation
- C
- (A) The state should inherit most of a man's estate.
- NEXT
- NEW SET
- C
- This policy would work powerfully to induce the rich man to attend to
- the administration of wealth during his life, which is the end that society
- should always have in view, as being by far the most fruitful for the
- people.
- next
- 1
- 1. The author feels that death duties would
-
- A. induce men to avoid material wealth
- B. induce men to have wills
- C. induce men to spend money freely
- D. induce men to use money for public purposes
- E. take away the motivation to accumulate money
- next
- d
- 0
- D
- Correct.
- next
- wrong answer explanation
- D
- (D) The author feels that this measure would encourage men to spend their
- wealth for the good of the community.
- NEXT
- NEW SET
- D
- Nor need it be feared that this policy would sap the root of
- enterprise and render men less anxious to accumulate, for, to the class
- whose ambition it is to leave great fortunes and be talked about after
- their death, it will attract even more attention, and, indeed, be a
- somewhat nobler ambition to have enormous sums paid over to the state from
- their fortunes.
- next
- 1
- 1. In this passage the author states that
-
- A. taxes sap the root of enterprise
- B. taxes make men less anxious to accumulate wealth
- C. death duties will appeal to ambitious men
- D. death duties will make it impossible for men to leave great fortunes
- E. death duties are a good way for the state to accumulate money
- next
- c
- 0
- E
- Correct.
- next
- wrong answer explanation
- E
- (C) He argues that death duties will appeal to men with great ambitions.
- NEXT
- NEW SET
- E
- There remains, then, only one mode of using great fortunes; but in
- this we have the true antidote for the temporary unequal distribution of
- wealth, the reconciliation of the rich and the poor - a reign of harmony -
- another ideal, differing, indeed, from that of the Communist in requiring
- only the further evolution of existing conditions, not the total overthrow
- of our civilization.
- next
- 1
- 1. The "true antidote" is
-
- A. Communism
- B. the overthrow of our civilization
- C. the reign of harmony
- D. the reconciliation of the rich and the poor
- E. using wealth for the public good
- next
- e
- 0
- F
- Correct.
- next
- wrong answer explanation
- F
- (E) The solution proposed by the author is to use wealth for the public good.
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- NEW SET
- F
- Under its sway we shall have an ideal state, in which the surplus
- wealth of the few will become, in the best sense, the property of the many,
- because administered for the common good; and this wealth, passing through
- the hands of the few, can be made a much more potent force for the
- elevation of our race than if it had been distributed in small sums to the
- people themselves.
- next
- 1
- 1. When the author writes, "Surplus wealth . . . will become . . . the
- property of the many," he is saying
-
- A. Money should be distributed equally among all the people of the
- community.
- B. The state will spend the money acquired by death duties for public
- purposes.
- next
- b
- 0
- G
- Correct.
- next
- wrong answer explanation
- G
- (B) The author believes the state should use this money for the public good.
- end