{"id":512,"date":"2017-03-16T08:33:40","date_gmt":"2017-03-16T08:33:40","guid":{"rendered":"http:\/\/slrg.scot\/?p=512"},"modified":"2017-03-16T20:41:56","modified_gmt":"2017-03-16T20:41:56","slug":"a-tax-that-does-no-damage","status":"publish","type":"post","link":"https:\/\/slrg.scot\/blog\/a-tax-that-does-no-damage\/","title":{"rendered":"A source of state revenue that does no damage"},"content":{"rendered":"<p class=\"p1\"><span class=\"s1\"><a href=\"http:\/\/slrg.scot\/blog\/wp-content\/uploads\/2017\/03\/smith17.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-513\" src=\"http:\/\/slrg.scot\/blog\/wp-content\/uploads\/2017\/03\/smith17-300x212.jpg\" alt=\"\" width=\"300\" height=\"212\" srcset=\"https:\/\/slrg.scot\/blog\/wp-content\/uploads\/2017\/03\/smith17-300x212.jpg 300w, https:\/\/slrg.scot\/blog\/wp-content\/uploads\/2017\/03\/smith17-768x543.jpg 768w, https:\/\/slrg.scot\/blog\/wp-content\/uploads\/2017\/03\/smith17-1024x724.jpg 1024w, https:\/\/slrg.scot\/blog\/wp-content\/uploads\/2017\/03\/smith17-825x583.jpg 825w, https:\/\/slrg.scot\/blog\/wp-content\/uploads\/2017\/03\/smith17.jpg 1754w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Adam Smith tried to draw to our attention a source of revenue which, if collected, would\u00a0not reduce the revenue and wealth of the people:<\/span><\/p>\n<p class=\"p1\"><strong><span class=\"s1\">&#8220;&#8230;no discouragement will thereby be given to any sort of industry. The&#8230; wealth and revenue of the great body of the people, might be the same after such a tax as before. Ground rents&#8230;are, therefore, perhaps, the species of revenue which can best bear to have a peculiar tax imposed upon them.\u201d<\/span><\/strong><\/p>\n<p class=\"p1\"><span class=\"s1\"><em>The Wealth of Nations<\/em> (1776) Book V, p 370.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Adam Smith tried to draw to our attention a source of revenue which, if collected, would\u00a0not reduce the revenue and wealth of the people: &#8220;&#8230;no discouragement will thereby be given to any sort of industry. The&#8230; wealth and revenue of the great body of the people, might be the same after such a tax as [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-512","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/slrg.scot\/blog\/wp-json\/wp\/v2\/posts\/512","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/slrg.scot\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/slrg.scot\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/slrg.scot\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/slrg.scot\/blog\/wp-json\/wp\/v2\/comments?post=512"}],"version-history":[{"count":3,"href":"https:\/\/slrg.scot\/blog\/wp-json\/wp\/v2\/posts\/512\/revisions"}],"predecessor-version":[{"id":537,"href":"https:\/\/slrg.scot\/blog\/wp-json\/wp\/v2\/posts\/512\/revisions\/537"}],"wp:attachment":[{"href":"https:\/\/slrg.scot\/blog\/wp-json\/wp\/v2\/media?parent=512"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/slrg.scot\/blog\/wp-json\/wp\/v2\/categories?post=512"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/slrg.scot\/blog\/wp-json\/wp\/v2\/tags?post=512"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}