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Essay

Taxation

Essay specific features

 

Issue:

Business

 

Written by:

Rachel M

 

Date added:

March 9, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 679

 

Was viewed:

5862 times

 

Rating of current essay:

 
Essay content:

Alternately, the production can be exported. The intended effect is that the incidence of smoking gets reduced. The tax is levied on the consumers. This is the reason why the proposed tax of $1 will increase the price of a cigarette pack by $1. For administrative reasons the tax may be collected from the producers, however, this tax is clearly on the consumers...
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It has been shown through several empirical studies that imposition of taxes leads to a decrease in smoking. Those states that have imposed taxes have witnessed lower levels of smoking and those states that have not imposed steep taxes have witnessed lower levels of reduction in smoking. As smoking becomes more expensive, the number of cigarettes smoked falls...
displayed 300 characters

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