Suppose the nation of Island is an importer of textiles and is looking for a way to raise government revenue. The following graph shows the effect of a tariff on textile imports.

Having rejected a tariff on textiles (a tax on imports), the president of Island is now considering the same-sized tax on textile consumption (including both imported and domestically produced textiles).
Under a textile consumption tax, the quantity of textiles consumed in Island is , and the quantity produced in Island is .
The following table shows the effect of an import tariff on the nation of Island.
Complete the remaining columns of the following table by indicating the effect of the same-sized tax on textile consumption.

The raises more revenue for the government, and the has a smaller deadweight loss associated with it.

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(amounts in millions) Total assets Common equity: Book value Market value Market equity beta Analysts' consensus forecasts of net income for Year +1 Dell Microsoft Intel $ 5,715 $ 77888 $26,500 $ 4,271 $ 39,088 $264,510 $112,480 1.12 $26,000 1.28 0.96 $ 16,250 $ 8060 $ 1,882 Under Under Tariff Consumption Tax Before Tariff or Tax After Change After Change A+B+C+D+ E+F A+B - (C+D+E+F) Consumer Surplus G C+G +C Producer Surplus +E Government None Revenue - (D+F) Total Surplus A+B+C+D+E+F+GA+B+C+E+G