Economics Discussion Questions
- August 04, 2022/ Finance
I need an explanation for this Economics question to help me study.
2. The article discusses the anticipated revenues from the vaping tax. If the tax is more effective than expected in addressing the problem mentioned in question 1 above, however, what implication would that have for government revenues from the tax?
3. What potential unintended consequence does the article suggest that a higher vaping tax might have? Can you imagine another distortionary effect a relatively high tax on vaping products might have specifically for people who live close to the border with another state? Explain.