25 lines
678 B
Markdown
25 lines
678 B
Markdown
<!-- generated: provider=openrouter model=arcee-ai/trinity-large-preview:free date=2026-02-19 source=book-5-chapter-02 -->
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# Stock Profit Tax
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## Definition
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A tax levied on the profits derived from the employment of capital in various
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trades and businesses, which ultimately falls upon the consumers of the goods
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produced rather than the dealers themselves.
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## Source Chapter
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Book V, Chapter 2
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## Context
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Smith explains that taxes on the profits of stock cannot affect the interest
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of money itself but must be passed on to consumers through higher prices, and
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discusses how such taxes affect different branches of trade unequally.
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## Economic Domain
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General Theory
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---
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