Skip to content

Sugar, rum and tobacco are commodities which are nowhere…

“Sugar, rum and tobacco are commodities which are nowhere necessaries of life, which are become objects of almost universal consumption, and which are therefore extremely proper subjects of taxation.” quote by Adam Smith
Download Open image
“Sugar, rum and tobacco are commodities which are nowhere necessaries of life, which are become objects of almost universal consumption, and which are therefore extremely proper subjects of taxation.”

Adam Smith

About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

Non‑essential goods like sugar, rum, and tobacco become widespread, making them suitable for taxation.

In simple terms: Common luxuries are good tax bases.

Key Takeaway

Consider taxing widely used non‑necessities.

Themes

economics taxation consumer behavior

Mood

analytical neutral

Type

economic policy

When to use this quote

  • government revenue planning
  • public health policy

Key Concepts

Public finance commodity markets

Questions to Reflect On

  • Is it fair to tax luxury items?
  • What are the health implications?
A Different Perspective

May encourage over‑consumption or regressive impact.

★ ★ ★ ★ ★ No ratings yet

More by Adam Smith

Explore all 267 Adam Smith quotes

More Commodity quotes

Browse all 673 Commodity quotes