<!-- generated: provider=openrouter model=arcee-ai/trinity-large-preview:free date=2026-02-19 source=book-5-chapter-02 -->

# Tax on Consumable Commodities

## Definition

A tax imposed on goods that are consumed, which may be levied either on the
consumer through periodic licenses or on the dealer before the goods reach
the consumer, and which falls ultimately on the revenue of those who consume
the taxed commodities.

## Source Chapter

Book V, Chapter 2

## Context

Smith examines various types of taxes on consumable commodities, distinguishing
between those on necessaries and luxuries, and discusses how such taxes affect
different classes of society and the overall economy.

## Economic Domain

General Theory

---
