Exploring Macroeconomics
8th Edition
ISBN: 9781544363332
Author: Robert L. Sexton
Publisher: Sage Publications
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Question
Chapter 9, Problem 5P
To determine
To identify if gas tax is known as reflecting ability-to-pay or benefit-received principle.
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Do you think that dead weight loss of soda junk food tax would be relatively large or relatively small? Why? Do you think taxing junk food would be a good idea? Based on your analysis would it really help reduce the number of obese people in the United states?
Why does taxation create an excess burden?
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