...restraint of trade and production, by encouraging smuggling, and by causing unnecessary vexation ; " and, though vexation is not, strictly speaking, expense,...every man would be willing to redeem himself from it." On smuggling Adam Smith elsewhere remarks that " to pretend to have any scrap!« about buying smuggled...

...visits and odious examination of the tax-gatherers, it may expose them to much unnecessary trouble, vexation and oppression, and though vexation is not,...every man would be willing to redeem himself from it. It is in some one or other of these four different ways that taxes are frequently so much more burdensome...

...let compensation be given ; in the words of Adam Smith on the odious visits of the tax-gatherer : " though vexation is, not strictly speaking, expense,...every man would be willing to redeem himself from it." Another case in which the limitation of land may call for restriction on private owners is that of...

...one would object to the statement of Adam Smith in his last canon of taxation that ' though taxation is not strictly speaking expense it is certainly equivalent...every man would be willing to redeem himself from it ' — but it is a very different thing to measure the whole disutility of a tax in terms of money....

...one would object to the statement of Adam Smith in his last canon of taxation that ' though taxation is not strictly speaking expense it is certainly equivalent...every man would be willing to redeem himself from it ' — but it is a very different thing to measure the whole disutility of a tax in terms of money....

...oppression, and always to TAXES. 285 some trouble and vexation; and though vexation, as has always been said, is not strictly speaking expense, it is certainly...every man would be willing to redeem himself from it. ... THE BORROWER WILL BE CHARGED THE COST OF OVERDUE NOTIFICATION IF THIS BOOK IS NOT RETURNED TO THE...

...restraints on trade and production, by encouraging evasion, or by causing unnecessary vexation, for " though vexation is not strictly speaking expense, it is certainly equivalent to the expense at which a man would be willing to redeem himself from it." 9. Other Rules of Taxation. — To these general...

...visits and the odious examination of the taxgatherers it may expose them to much unnecessary trouble, vexation, and oppression; and though vexation is not,...every man would be willing to redeem himself from it. It is in some one or other of these four different ways that taxes are frequently so much more burdensome...

...visits and the odious examination of the taxgatherers it may expose them to much unnecessary trouble, vexation, and oppression; and though vexation is not,...every man would be willing to redeem himself from it. It is in some one or other of these four different ways that taxes are frequently so much more burdensome...

...cause the least possible discouragement to the accumulation of wealth. As Adam Smith observes, although vexation is not, strictly speaking, expense, it is...every man would be willing to redeem himself from it. No doubt indirect taxes seem to take out and to keep out of the pockets of the people a great deal...