A tax is always a sacrifice which the government demands of individuals.While it only lessens every one's personal enjoyments, it only shifts expenses from one to another.But when it encroaches on productive consumption it diminishes public riches.


A Treatise on Political Economy (ed. 1817)


A tax is always a sacrifice which the government demands of individuals.While it only lessens every one's personal enjoyments, it only shifts...

A tax is always a sacrifice which the government demands of individuals.While it only lessens every one's personal enjoyments, it only shifts...

A tax is always a sacrifice which the government demands of individuals.While it only lessens every one's personal enjoyments, it only shifts...

A tax is always a sacrifice which the government demands of individuals.While it only lessens every one's personal enjoyments, it only shifts...