Use the following table for question

-If the government could raise taxes on one good,which product should the government increase tax rates in order to raise tax revenue?
A)Cigarettes
B)Alcohol
C)Sodas
D)None of the above

Question

​Use the following table for question
 
-​If the government could raise taxes on one good,which product should the government increase tax rates in order to raise tax revenue?
A)​Cigarettes 
B)Alcohol 
C)Sodas 
D)​None of the above

Quizplus · Accepted Answer

Cigarettes are a good target for tax increases because they are a harmful product that is often consumed by low-income individuals. Increasing taxes on cigarettes can help to reduce smoking rates and generate revenue for the government.

​Use the Following Table for Question

Use the Following Table for Question