On the record
Secondly, all taxes on trade and manufacture are injurious in various ways to them.
Said by
Walter Bagehot
Source
gutenberg.orgSecondly, all taxes on trade and manufacture are injurious in various ways to them.
Bagehot critiques the impact of trade taxes on economic activity.
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The work would be done so well that we should not want any one to look over or revise it.
No doubt this momentary gain is bought at a ruinous after-cost.
Savages waste away before modern civilisation; they seem to have held their ground before the ancient.
Those who doubt should go out into their kitchens.