What other types of tax can the govt use to increase revenue

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Reference no: EM13221895

The government decides to tax cookbooks because they feel that they encourage overeating and can lead to health issues, such as obesity and heart disease. Answer the following:

What type of tax is this? Explain.

What happens to the supply of cookbooks?

What happens to the equilibrium price?

Who pays the tax at the end?

Is this a good way to finance programs to improve health?

What other types of tax can the government use to increase revenues?

Reference no: EM13221895

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What other types of tax can the govt use to increase revenue : The government decides to tax cookbooks because they feel that they encourage overeating and can lead to health issues, such as obesity and heart disease. Answer the following: What type of tax is this. What happens to the supply of cookbooks. What..

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