26 lines
688 B
Markdown
26 lines
688 B
Markdown
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<!-- generated: provider=openrouter model=arcee-ai/trinity-large-preview:free date=2026-02-19 source=book-5-chapter-02 -->
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# Tax Farming
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## Definition
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The practice of leasing the right to collect taxes to private individuals or
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companies for a fixed rent, who then profit from any amount they collect above
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that rent, often leading to excessive and oppressive collection methods.
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## Source Chapter
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Book V, Chapter 2
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## Context
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Smith criticizes tax farming as an inefficient and oppressive method of
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revenue collection that encourages corruption, excessive enforcement, and
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the extraction of profits by farmers at the expense of the public.
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## Economic Domain
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General Theory
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---
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