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Economics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0073511498Economics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0073511498 Exercise 16
Both a payroll tax and an excise tax on alcohol raise revenue and, respectively, shrink the markets for labor and alcohol. Although both have some functions in common, governments may have different goals when levying them. What goals do you think motivate a payroll tax? What goals motivate an alcohol tax?
Explanation
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Payroll tax:
Payroll tax is that tax le...
Economics 1st Edition by Dean Karlan,Jonathan Morduch
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