The New York state cigarette tax applies equally to low-quality (generic) and high-quality cigarettes. However, the state
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The New York state cigarette tax applies equally to low-quality (generic) and high-quality cigarettes. However, the state cannot collect the tax on sales on Indian reservations. DeCicca et al. (2014) found that people purchase a larger share of low-quality cigarettes on Indian reservations compared to purchases elsewhere in New York. Why?
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Holding income and tastes fixed the tax on cigarettes lowers the relative price ...View the full answer
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Microeconomics Theory And Applications With Calculus
ISBN: 978-0134167381
4th Edition
Authors: Jeffrey M. Perloff
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