Excise Duties Term Analysis

Most of Britain’s commodity taxes are on luxuries. Some are excise duties (taxes on goods manufactured for domestic consumption) and some are customs duties (taxes on... (full context)

The best way to fight smuggling is by administering the customs tax like an excise tax: customs officers should see and assess imported goods in common warehouses, so that they... (full context)

There are many other ways to tax commodities, besides excise and customs duties. For instance, towns and provinces historically charged local tolls for transporting goods,... (full context)

...they earn in revenue for the government. First, administering customs duties is very expensive (although excise duties are cheaper). Second, luxury taxes reduce consumption and suppress industry by raising prices. Third,... (full context)

...with more revenue taxes (vingtièmes), particularly on the rich. It should unify its customs and excise duties to permit free domestic trade, and it should give all tax collection authority to... (full context)

...revenue, massively decreasing expenses, or both. Smith’s proposals for reforming the land, house, customs, and excise taxes would help. But they wouldn’t be nearly enough. Taxing Ireland and the colonies would... (full context)

...system has four parts: “the land-tax, the stamp-duties, and the different duties of customs and excise.” Landowners in Ireland, America, and the West Indies can certainly afford to pay the land-tax.... (full context)

...all—even if they do consume commodities. Smuggling would be easier in America but simplifying the excise rules (and particularly taxing malt) would reduce it. (full context)