infospace: process book-5-chapter-03

Extract entities, map to VSM, and synthesize analysis.
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<!-- generated: provider=openrouter model=arcee-ai/trinity-large-preview:free date=2026-02-19 source=book-5-chapter-03 -->
# Anticipation of Taxes
## Definition
The practice of borrowing against future tax revenues before those revenues
are actually collected, typically through arrangements with banks or financial
institutions that advance money against expected tax receipts.
## Source Chapter
Book V, Chapter 3
## Context
Smith describes how governments regularly anticipate their annual land and
malt taxes through borrowing clauses in the acts that impose them, creating a
cycle where current revenue is spent before it is received.
## Economic Domain
Regulation
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