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of taxes
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Of Taxesby David HumeThere is a prevailing maxim, among some reasoners, that everynew tax creates a new ability in the subject to bear it, and thateach encrease of public burdens encreases proportionably theindustry of the people. This maxim is of such a nature as is mostlikely to be abused; and is so much the more dangerous, as itstruth cannot be altogether denied: but it must be owned, whenkept within certain bounds, to have some foundation in reason andexperience.When a tax is laid upon commodities, which are consumed bythe common people, the necessary consequence may seem to be,...
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