The annual produce of the land and labour of the society, the real wealth and revenue of the great body of the people, might be the same after such a tax as before. Ground-rents and the ordinary rent of land are, therefore, perhaps, the species of revenue which can best bear to have a peculiar tax imposed upon them.

What It Means

This is a placeholder explanation generated by the low-overhead model. It interprets "The annual produce of the land and labour of the society, the real wealth and revenue of the great body of the people, might be the same after such a tax as before. Ground-rents and the ordinary rent of land are, therefore, perhaps, the species of revenue which can best bear to have a peculiar tax imposed upon them." in the context of "Adam Smith - Wealth of Nations (1776), Book V, Chap. 2, Art.1 https://books.google.fi/books?id=rpMuAAAAYAAJ&pg=PA356&lpg=PA356&dq=The+annual+produce+of+the+land+and+labour+of+the+society,+the+real+wealth+and+revenue+of+the+great+body+of+the+people,+might+be+the+same+after+such+a+tax+as+before.+Ground-rents+and+the+ordinary+rent+of+land+are,+therefore,+perhaps,+the+species+of+revenue+which+can+best+bear+to+have+a+peculiar+tax+imposed+upon+them.&source=bl&ots=53-lJ0x1Hk&sig=N5987kw941NlbNVFLNrGA-G-O7I&hl=en&sa=X&ved=0ahUKEwjZ2cKUo-jYAhVGVSwKHSCNBIMQ6AEIPTAF#v=onepage&q=The%20annual%20produce%20of%20the%20land%20and%20labour%20of%20the%20society%2C%20the%20real%20wealth%20and%20revenue%20of%20the%20great%20body%20of%20the%20people%2C%20might%20be%20the%20same%20after%20such%20a%20tax%20as%20before.%20Ground-rents%20and%20the%20ordinary%20rent%20of%20land%20are%2C%20therefore%2C%20perhaps%2C%20the%20species%20of%20revenue%20which%20can%20best%20bear%20to%20have%20a%20peculiar%20tax%20imposed%20upon%20them.&f=false" to mean that wisdom is timeless.