Is substan-tial excess burden relative to revenues collected

Reference no: EM131490636

Question: In the United Kingdom, each household that owns a television pays a compulsory levy that is equivalent to 5233 per year. The total revenue collected, which is over $7 billion annually, goes to the British Broadcasdng Corporation. Do you think that such a tax is likely to have a substan-tial excess burden relative to the revenues collected?

Reference no: EM131490636

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