Explain why California and Maine tax cannabis by weight instead of price. So Suppose that their government
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Question:
Explain why California and Maine tax cannabis by weight instead of price.
- So Suppose that their government tends to maximise tax revenue, how would the cannabis price drop affect the government tax revenue if cannabis was taxed by price? And did their government anticipate the cannabis price drop when designing the tax scheme?
Related Book For
Microeconomics An Intuitive Approach with Calculus
ISBN: 978-0538453257
1st edition
Authors: Thomas Nechyba
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