This entry was posted on Tuesday, 2 September 2003 at 12:11 pm and is filed under OnTheWeb.
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The point about its being a progressive tax was a nice touch, although they seem largely to assume price inelastic demand in calculating gross tax receipts from it. With a 10-cent tax, by how much would you reduce your consumption (if at all), do you think? Or would you actually go out of your way to find a place with less than $50,000 in gross receipts?
3 September 2003 at 3:23 pm.
The point about its being a progressive tax was a nice touch, although they seem largely to assume price inelastic demand in calculating gross tax receipts from it. With a 10-cent tax, by how much would you reduce your consumption (if at all), do you think? Or would you actually go out of your way to find a place with less than $50,000 in gross receipts?
4 September 2003 at 12:15 am.
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