The combined federal and provincial taxes on a carton of 200 cigarettes were reduced from $24 to
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The combined federal and provincial taxes on a carton of 200 cigarettes were reduced from $24 to $10 in Ontario in February 1994.
(a) Describe how you would compute the reduction in excess burden that results from this lowering of the tax.
(b) Or might such a tax reduction worsen efficiency? Explain.
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a Originally the tax is 24 per carton of 200 cigarettes or 200 ...View the full answer
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Attila Magyar
I have a Bachelor of Science degree in Aerospace Engineering, and a Master of Science degree in Software Engineering. My employment has been in the defense industry for 10+ years, working mostly in the areas of electrical/firmware engineering, and mechanical/control systems engineering. The work I do also heavily integrates computer science/software engineering work, as well as mathematics.
I also work as an adjunct professor (part-time) at a local university; my teaching experience has been various courses for the following departments: Department of Mechanical Engineering, Department of Electrical Engineering, Department of Computer Science, and Department of Mathematics.
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Related Book For
Public Finance In Canada
ISBN: 9781259030772
5th Canadian Edition
Authors: Harvey S. Rosen, Ted Gayer, Jean-Francois Wen, Tracy Snoddon
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