Tax, medicines and the law: from quackery to pharmacy

In 1783, a stamp duty was imposed on proprietary or 'quack' medicines. These largely useless but often dangerous remedies were immensely popular. The tax, which lasted until 1941, was imposed to raise revenue. It failed in its incidental regulatory purpose, had a negative effect in that th...

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Bibliographische Detailangaben
Beteilige Person: Stebbings, Chantal 1956- (VerfasserIn)
Format: Elektronisch E-Book
Sprache:Englisch
Veröffentlicht: Cambridge Cambridge University Press 2018
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Links:https://doi.org/10.1017/9781139178990
https://doi.org/10.1017/9781139178990
https://doi.org/10.1017/9781139178990
Zusammenfassung:In 1783, a stamp duty was imposed on proprietary or 'quack' medicines. These largely useless but often dangerous remedies were immensely popular. The tax, which lasted until 1941, was imposed to raise revenue. It failed in its incidental regulatory purpose, had a negative effect in that the stamp was perceived as a guarantee of quality, and had a positive effect in encouraging disclosure of the formula. The book explains the considerable impact the tax had on chemists and druggists - how it led to an improvement in professional status, but undermined it by reinforcing their reputations as traders. The legislation imposing the tax was complex, ambiguous and never reformed. The tax authorities had to administer it, and executive practice came to dominate it. A minor, specialised, low-yield tax is shown to be of real significance in the pharmaceutical context, and of exceptional importance as a model revealing the wider impact of tax law and administration
Beschreibung:Title from publisher's bibliographic system (viewed on 24 Oct 2017)
Umfang:1 online resource (xv, 240 pages)
ISBN:9781139178990
DOI:10.1017/9781139178990