27 lines
728 B
Markdown
27 lines
728 B
Markdown
<!-- generated: provider=openrouter model=arcee-ai/trinity-large-preview:free date=2026-02-19 source=book-5-chapter-02 -->
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# Tax on Consumable Commodities
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## Definition
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A tax imposed on goods that are consumed, which may be levied either on the
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consumer through periodic licenses or on the dealer before the goods reach
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the consumer, and which falls ultimately on the revenue of those who consume
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the taxed commodities.
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## Source Chapter
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Book V, Chapter 2
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## Context
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Smith examines various types of taxes on consumable commodities, distinguishing
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between those on necessaries and luxuries, and discusses how such taxes affect
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different classes of society and the overall economy.
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## Economic Domain
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General Theory
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---
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