should be observed in imposing taxes on
- What taxes does a tradesman get back in the price of the articles he sells, and what does he not?
- Test by Adam Smith's four maxims of taxation the policy of indirect taxes on the necessaries of life.
- All indirect taxation violates Adam Smith's fourth canon.
- Discuss the following:
“A man with $100,000 in United States bonds comes to Boston, hires a house...; thus he lives in luxury.... I am in favor of taxing idle investments such as this, and allowing manufacturing investments to go untaxed.”
- Compare the advantages and disadvantages of direct and indirect taxation.
- On what principles is