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'''5. Any tax on a necessity is a direct tax, as opposed to an excise'''
'''5. Any tax on a necessity is a direct tax, as opposed to an excise'''
"It is thus that a tax upon the necessaries of life operates exactly in the same manner as a direct tax upon the wages of labour… [Such taxes are] absurd and destructive." [Bk. V, Ch. 2, V.2.150 and 135]
"It is thus that '''a tax upon the necessaries of life operates''' exactly in the same manner '''as a direct tax upon the wages of labour'''… [Such taxes are] absurd and destructive." [Bk. V, Ch. 2, V.2.150 and 135]