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farming the taxes |
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farming the taxes: see farming farming, in the history of taxation , collection of taxes through private contractors. Usually, the tax farmer paid a lump sum to the public treasury; the difference between that sum and the sum actually collected represented his profit or loss. ..... Click the link for more information. , in taxation. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Thanks to these forces for change involving private entrepreneurs, King Rama III relinquished the state monopoly and turned to tax farming as a new and more profitable source of revenue. |
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