HKB
1 passages · search this phrase →
Often appears with: taxation, tribute, and revenue · tax relief for labouring poor · sinking fund · public finance and debt · famine, scarcity, and plenty · civil and military establishment of ireland
Usually: argument (1) · skepticism (1)
Smith estimates revenue from taxing all provinces, deducts Ireland and plantation civil and debt costs, and claims a large sinking fund could repay the public debt and reduce burdens on necessities.
the labouring poor. Their consumption would increase, and, together with it, the revenue arising from all those articles of their consumption upon which the taxes might be allowed to remain. The revenue arising from this system of taxation, however, might not immediately increase in proportion to the number of people who were subjected to it. Great indulgence would for some time be due to those pro…