Page:William Petty - Economic Writings (1899) vol 1.djvu/184

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84
Treatise of Taxes.

3. As for Jews, they may well bear somewhat extraordinary, because they seldom eat and drink with Christians, hold it no disparagement to live frugally, and even sordidly among themselves, by which way alone they become able to under-sell any other Traders, to elude the Excize, which bears but according to mens[1] expences; as also other Duties, by dealing so much in Bills of Exchange, Jewels, and Money, and by practising of several frauds with more impunity then others; for[2] by their being at home every where, and yet no where they become responsible almost for nothing.

4. Twelfthly, There have been in our times, wayes of levying an aliquot part of mens Estates, as a Fifth, and Twentieth, viz, of their Estates real and personal, yea of their Offices, Faculties, and imaginary Estates also, in and about which way may be so much fraud, collusion, oppression, and trouble, some purposely getting themselves taxed to gain more trust; Others bribing to be taxed low, and it being impossible to check or examine, or trace these Collections by the print of any foot-steps they leave (such as the Harths of Chimneys are) that I have not patience to speak more against it; daring rather conclude without more ado, in the words of our Comick to be naught, yea exceeding naught, very abominable, and not good. |65|

CHAP.XIV.

Of raising, depressing, or embasing of Money.

SOmetimes it hath hapned, that States (I know not by what raw advice) have raised or embased their money, hoping thereby, as it were, to multiply it, and make it pass for more then it did before; that is, to purchase more commodity or labour with it: All which indeed and in truth, amounts to no more then a Tax, upon such People unto whom the State is indebted, or a defalkation of what is due; as also the like burthen upon all that live upon Pensions, established Rents, Annuities, Fees, Gratuities, &c.


  1. 1679, "mean."
  2. 1679, "but."