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Quote#Wisdom

If a tax on malt would raise the price of beer, a tax on bread must…

Quote byDavid Ricardo · 1772–1823

Commonly attributed — not confirmed in an authoritative edition. Cited on Wikiquote to: The Principles of Political Economy and Taxation (1821) (Third Edition), Chapter XVII, Taxes on Other Commodities, p. 168.

English (original)

If a tax on malt would raise the price of beer, a tax on bread must raise the price of bread.

— David Ricardo

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