Of Persons and Property to be rated.

Two great principles were laid down by all the judges very foon after the 43 Elizabeth was pa{fed, refpeaing the rateability of property. Firft, the affeffment is to be made according to the vifible eftate of the inhabitants, both real and perfonal (2). For the ftatute renders inhabitants liable to this tax, as a diftina clafs from occupieTs of real property, and muft therefore affefr their perfonal eftate.