Taxes on tobacco and alcohol are nearly perfect taxes. They raise lots of revenue and discourage smoking

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"Taxes on tobacco and alcohol are nearly perfect taxes. They raise lots of revenue and discourage smoking and drinking."
a. To what extent are the two effects inconsistent?
b. How is the burden of an excise tax related to the extent to which it discourages use of the product?
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Microeconomics

ISBN: 978-0321866349

14th canadian Edition

Authors: Christopher T.S. Ragan, Richard G Lipsey

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