CHAPTER II

THE NATIONAL INCOME

The total product consists of goods and services 8 The exchanged product can be measured 9 Income Tax assessments; my 1905 estimate confirmed 11 The income eluding taxation 13 Income from abroad 15 Aggregate of incomes exceeding £160 per annum 16 Growth of Income Tax income in five years 17 Aggregate of small incomes lying between Income Tax payers and wage-earning classes 20 Aggregate of incomes of manual workers 29 Aggregate of the national income 31 The Income Tax exemption limit bisects the total product 31