While taxing inelastic goods minimizes social costs from taxation,it frequently conflicts with traditional notions of fairness.

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Taxing inelastic goods, such as necessary medical treatments or fuel, may minimize the negative effects of taxation on the economy and consumers. However, it may also be seen as unfair to impose higher taxes on these goods which are necessities for many people, particularly those with lower incomes. Thus, taxing inelastic goods could conflict with traditional notions of fairness.

While Taxing Inelastic Goods Minimizes Social Costs from Taxation,it Frequently