College American Economics Discussion
Description
What would be a “good” thing for the government to tax? This is a hard question, so please think about it Some things to keep in mind: Please write 11 examples
Demand for the product can’t be too elastic or people will stop buying the product instead of paying the tax
The government tries to make taxes “fair” – they don’t want them to disproportionately impact people with lower incomes. This is why they don’t tax food at the grocery store, diapers, feminine products, etc. 11 examples
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