David Ricardo：On the Principles of Political Economy and Taxation, Excerpt 263

If taxes press unequally on the farmer, he will be enabled to raise the price of raw produce, to place himself on a level with those who carry on other trades; but a tax on wages, which would not affect him more than it would affect any other trade, could not be removed or compensated by a high price of raw produce; for, the same reason which should induce him to raise the price of corn, namely, to remunerate himself for the tax, would induce the clothier to raise the price of cloth, the shoemaker, hatter, and upholsterer, to raise the price of shoes, hats, and furniture.

Source： https://www.gutenberg.org/ebooks/33310
Locator：Excerpt 263 · Verified：2026-10-19 · Verification：Short excerpt

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