Poundage: Difference between revisions
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'''Poundage''' is an English law term for the tariff on exports and imports. Essentially, ''poundage'' is taxation based upon a measure of weight (e.g. one shilling per pound). | '''Poundage''' is an English law term for the tariff on exports and imports. Essentially, ''poundage'' is taxation based upon a measure of weight (e.g. one shilling per pound). | ||
This tax aided in the state formation process and, although going against the ''Magna Carta'', was permanently established by the fourteenth century.<ref>[[Murray Rothbard]], [http://library.mises.org/books/Murray%20N%20Rothbard/Conceived%20in%20Liberty_Vol_2.pdf ''Conceived in Liberty''] | This tax aided in the state formation process and, although going against the ''Magna Carta'', was permanently established by the fourteenth century.<ref>[[Murray Rothbard]], [http://library.mises.org/books/Murray%20N%20Rothbard/Conceived%20in%20Liberty_Vol_2.pdf ''Conceived in Liberty''] p. 9.</ref> | ||
==References== | ==References== | ||
Latest revision as of 21:36, 5 September 2013
Poundage is an English law term for the tariff on exports and imports. Essentially, poundage is taxation based upon a measure of weight (e.g. one shilling per pound).
This tax aided in the state formation process and, although going against the Magna Carta, was permanently established by the fourteenth century.[1]
References
- ↑ Murray Rothbard, Conceived in Liberty p. 9.