27 lines
696 B
Markdown
27 lines
696 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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# Land Tax
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## Definition
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A tax levied on the rent or value of land, which may be assessed either
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according to a fixed valuation or varied with changes in the actual rent of
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the land, and which can be a significant source of public revenue.
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## Source Chapter
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Book V, Chapter 2
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## Context
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Smith analyzes different methods of assessing land taxes, comparing the
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English system of fixed valuation with more variable systems, and discusses
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the advantages and disadvantages of each approach for both the government
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and landowners.
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## Economic Domain
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General Theory
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---
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