T HE expenditures of all political bodies have been continually increasing. In normal times, the public has kept demanding that its governmental units undertake new and expensive functions, the cost of which has not always been considered. Some of the ordinary costly functions of modern governmental units are the establishment and maintenance of educational systems; the provision for defectives, delinquents and dependents; the protection to person, property and health; the building and maintenance of highways; and the regulation of railroads and public utilities, as well as numerous other forms of regulation. When an emergency arises, such as the Great War, expenditures, especially those of federal governments, mount to almost unbelievable heights. All these increased expenditures must be met by increased revenues. So long as wealth and population increased more rapidly than the demand for additional funds, the individual burden was not increasing and, consequently, little interest was shown in the expenditures and revenues of political bodies. As the new burdens became more noticeable, citizens became concerned about the use to which funds were put, and about the justice of the methods by which they were secured. This has led fiscal officials, in their search for additional revenues, to use sources which will not only be productive of funds, but which can be upheld under the principles of justice, and which will cause a minimum of opposition from the public. The inheritance tax has been one source of revenue, the use of which has been greatly extended under these conditions, and which is likely to be extended much further in the future.
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