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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 5
A local government is considering ways to raise taxes to pay for making sidewalks. One prominent citizen suggests taxing people based on how much they walk on the sidewalk, measured in yards each day. Explain why, despite its apparent fairness, this tax is likely very inefficient.
Explanation
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Taxes for sidewalks:
Levying the taxes ...
Economics 1st Edition by Dean Karlan,Jonathan Morduch
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