The book True Theory of Rent was written by author T Perronet Thomas Perronet Thompson Here you can read free online of True Theory of Rent book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is True Theory of Rent a good or bad book?
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The Section upon ' Taxes on Commodities' is true with respect to only one of the two great divisions into which com- modities are to be classed ; and only partially true with re- spect to that. When a tax is laid on any commodity that has not a mo- nopoly gain behind, it rises in price, ' and the dealer or pro- ' ducer is re-imbursed for what he has advanced on account of ' the tax. If he were not re-imbursed, he would not remain ' upon a level with others, and would discontinue his trade. ' An...d if the tax was laid upon all commodities, it would still ' fall upon purchasers. ' Such with the exception of the li- mitation relating to monopoly produce are the admissions of the author. It would be curious to know how he con- vinces himself, that this is true when the tax is demanded from the producer under the title of a tax on his commodities, and would not have been true if the same sum had been demanded from him under the title of a tax on his profits. The omissions are, First, The distinction into commodities which are produced under a monopoly, and commodities which are not ; or in other words into raw produce, and manu- factured goods*.
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