![David Ricardo Quotes: But a tax on luxuries would no other effect than to raise their price. It would fall wholly on the consumer, and could neither increase wages nor lower profits.](https://www.quoteslyfe.com/images/collection3/quotations508/But-a-tax-on-luxuries-would-no-508392.jpg)
But a tax on luxuries would no other effect than to raise their price. It would fall wholly on the consumer, and could neither increase wages nor lower profits.
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This page presents the quote "But a tax on luxuries would no other effect than to raise their price. It would fall wholly on the consumer, and could neither increase wages nor lower profits.". Author of this quote is David Ricardo. This quote is about increase, wages, fall, luxury,.