FREE BOOKS

Author's List




PREV.   NEXT  
|<   47   48   49   50   51   52   53   54   55   56   57   58   59   60   61   62   63   64   65   66   67   68   69   70   71  
72   73   74   75   76   77   78   79   80   81   82   83   84   85   86   87   88   89   90   91   92   93   94   95   96   >>   >|  
verburthened with taxes, and deduce thence the conclusion that it is necessary to protect such and such an article of produce. But protection does not relieve us from the payment of these taxes. If, then, individuals devoting themselves to any one object of industry, should advance this demand: "We, from our participation in the payment of taxes, have our expenses of production increased, and therefore ask for a protective duty which shall raise our price of sale;" what is this but a demand on their part to be allowed to free themselves from the burthen of the tax, by laying it on the rest of the community? Their object is to balance, by the increased price of their produce, the amount which _they_ pay in taxes. Now, as the whole amount of these taxes must enter into the treasury, and the increase of price must be paid by society, it follows that (where this protective duty is imposed) society has to bear, not only the general tax, but also that for the protection of the article in question. But it is answered, let _every thing_ be protected. Firstly, this is impossible; and, again, were it possible, how could such a system give relief? _I_ will pay for you, _you_ will pay for me; but not the less, still there remains the tax to be paid. Thus you are the dupes of an illusion. You determine to raise taxes for the support of an army, a navy, the church, university, judges, roads, etc. Afterwards you seek to disburthen from its portion of the tax, first one article of industry, then another, then a third; always adding to the burthen of the mass of society. You thus only create interminable complications. If you can prove that the increase of price resulting from protection, falls upon the foreign producer, I grant something specious in your argument. But if it be true that the French people paid the tax before the passing of the protective duty, and afterwards that it has paid not only the tax, but the protective duty also, truly I do not perceive wherein it has profited. But I go much further, and maintain that the more oppressive our taxes are, the more anxiously ought we to open our ports and frontiers to foreign nations, less burthened than ourselves. And why? In order that we may share with them, as much as possible, the burthen which we bear. Is it not an incontestable maxim in political economy, that taxes must, in the end, fall upon the consumer? The greater then our commerce, the greater the portion which will
PREV.   NEXT  
|<   47   48   49   50   51   52   53   54   55   56   57   58   59   60   61   62   63   64   65   66   67   68   69   70   71  
72   73   74   75   76   77   78   79   80   81   82   83   84   85   86   87   88   89   90   91   92   93   94   95   96   >>   >|  



Top keywords:

protective

 

article

 

protection

 

society

 

burthen

 

greater

 

produce

 

portion

 

amount

 
payment

object
 

industry

 

increase

 
foreign
 

increased

 

demand

 
specious
 

French

 
people
 

argument


disburthen
 

adding

 

create

 

resulting

 

commerce

 

interminable

 

complications

 

producer

 

maintain

 

consumer


political

 

economy

 

incontestable

 
burthened
 

profited

 

perceive

 

passing

 
oppressive
 

frontiers

 
nations

Afterwards
 
anxiously
 

protected

 

allowed

 

production

 

laying

 

balance

 

community

 
expenses
 

protect