# Stock Profit Tax ## Definition A tax levied on the profits derived from the employment of capital in various trades and businesses, which ultimately falls upon the consumers of the goods produced rather than the dealers themselves. ## Source Chapter Book V, Chapter 2 ## Context Smith explains that taxes on the profits of stock cannot affect the interest of money itself but must be passed on to consumers through higher prices, and discusses how such taxes affect different branches of trade unequally. ## Economic Domain General Theory ---