...and in the manner mon convenient to the contributor. And every tax fhould be fo contrived as to take and keep out of the pockets of the people as little as poifible above what is brought into the public treafury. All private revenue arifing from rent, profit,...

...of L.7,312 of net revenue. Most certainly no tax ever accorded less with the sound maxim of taking out of the pockets of the people as little as possible over and above what comes into the public treasury. The influence of the duties in adding to the price of all the principal...

...conclusive. It is an admitted axiom in finance that " every tax ought to be so contrived as both to take out and keep out of the pockets of the people...as little as possible over and above what it brings to the public treasury*." This is not the case with indirect taxation. Take, for instance, the article...

...without correcting it in all cases? ' Every tax ought, ' says Dr Smith, ' to be so contrived, as to ' take out, and keep out, of the pockets of the people,...possible over and above what it brings into the public trea239 ' sury of the state. ' But the duty in question is in direct opposition to this maxim. It injures...

...likely to be convenient for the contributor to pay it. 4. Every tax ought to be so contrived, as both to take out and keep out of the pockets of the people...as possible, over and above what it brings into the treasuiy of the state. Mr. M'Culloch said, every system of taxation is good or bad, in proportion as...

...system efficient at the expence of intolerable vexation. "4. Every tax ought to be so contrived, as to take out and keep out of the pockets of the people,...and above what it brings into the public treasury. A tax may take out and keep out of the pockets of the people a great deal more than it brings into...

...3dly, That every tax ought to be levied at the time, and in the manner, in which it is most likely to take out, and keep out of the pockets of the people,...and above what it brings into the public Treasury. Now, the stamp duties violate the first of these three principles, by their inequality of pressure;...

...convenient to the contributor. " IV. Every tax ought to be so contrived, as both to take out and to keep out of the pockets of the people, as little as possible over and above what it brings into the treasury of the state."—To which may be added— V. Every tax ought to be so contrived, as to cause...

...; with another, — to make the amount, and the time and manner cer tain ; and with a third, — to keep out of the pockets of the people as little as possible over and above what goes into the treasury. Whenever I have an income, I had much rather see you on an appointed day, and...

...convenient for the contributor to uav it." » pay it. IV.' Every tax ought to be so contrived as both to take out and keep out of the pockets of the people as little n« possible over and above what it brings into the public treasury of the state.' Under the more constitutional...