Why government more likely to tax luxuries than staple goods

Assignment Help Business Law and Ethics
Reference no: EM131200087

Luxury goods often have much higher elasticities of demand than do goods purchased by a broad base of people.

Why, then, are governments more likely to tax luxuries than these "staple" goods?

Reference no: EM131200087

Questions Cloud

The threat from substitute product for industry products : The threat from a substitute product for an industry's products is high if
Advantages of using optical coupling in electrical circuits : A photosensor and a timer can be used for this measurement. Describe an experimental setup for this method of determining the modulus of elasticity.
Structured or unstructured data : A driver license bureau maintains a database of licensed drivers .State whether each of the following represents data or metadata .If its data,then whether its structured or unstructured data. If it represents metadata ,state whether it is a fact ..
Think the five industry forces affect that organization : Describe an organization, and how you think the 5 industry forces affect that organization. Which force was the strongest in limiting how successful the organization could be (describe the reason why it limited success)?
Why government more likely to tax luxuries than staple goods : Luxury goods often have much higher elasticities of demand than do goods purchased by a broad base of people.- Why, then, are governments more likely to tax luxuries than these "staple" goods?
Do you agree or disagree with cohens answer to the question : Do you agree or disagree with Cohen's answer to the question with which he begins his essay? Why? Consider Cohen's use of adjectives. What do they do for his essay? Be specific.
Database of licensed drivers : A driver license bureau maintains a database of licensed drivers. State whether each of the following represents data or metadata .If its data,then whether its structured or unstructured data.if it represents metadata ,state whether it is a fact d..
Calculate maximum altitude of balloon in standard atmosphere : As the balloon rises, it will expand. The temperature of the helium is always equal to the local atmospheric temperature, so it decreases as the balloon gains altitude. Calculate the maximum altitude of the balloon in a standard atmosphere.
Helping employees change their health behavior : You have been invited by the Garber Corporation to interview for a newly created position in the company as a health education specialist. The position has been described as one that will focus on helping employees change their health behavior.  “Of ..

Reviews

Write a Review

Business Law and Ethics Questions & Answers

  Analyze how your teams diversity may have a positive or

write a 1050- to 1750-word paper identifying the types of diversity in your learning team.analyze how your teams

  How is punishment used within neoclassical criminology

How is punishment used within neoclassical criminology? What classical theories are still used today

  How these offenses could have been avoided

In one to two pages, summarize both incidents. Include information on the suspects, if available, and his/her disposition. Is there any information on how these offenses could have been avoided

  What substantial interest was congress trying to protect

What substantial interest was Congress trying to protect with these laws? What substantial government interest is Congress attempting to protect with the National DNC List? Where is that found in U.S. Constitution

  Explain your primary ethical perspectives

Explain your primary ethical perspectives

  How are others impacted by such abuse

Worker's compensation insurance has cases where it has been abused. Describe how the system can be used inappropriately. Can you think of situations that might be perceived like abuse of workers' compensation insurance? How are others impacted by suc..

  Basic knowledge of treatment modalities for alcohol

Based on the treatment modalities that you have learned in this class along with your basic knowledge of treatment modalities for alcohol and/or substance abuse, do the following: Identify 2 treatment modalities for Mr. Moore that you believe would..

  Determine the key legal and ethical issues

Determine the key legal and ethical issues surrounding the ability of pharmaceutical companies to patent and exploit plant-derived substances, and suggest at least one (1) way in which a company might provide compensation besides direct / individu..

  Definition of a murder

Definition of a Murder-nclude a title page and 3-5 references. Only one reference may be from the internet (not Wikipedia). The other references must be from the Grantham University online library

  Substitution and elimination can be competing reactions

In the reaction of 2-chloro-2-methylpropane with AgNO3 in ethanol, the ether will not be the only product of this reaction. What other product could form and what is the reaction mechanism for this reaction? Hint: remember that substitution and elimi..

  Describe three diversion programs you are familiar with

describe three diversion programs you are familiar with. how is each program effective how could they be improved.

  How should the firearm found on the scene of the crime

How should the firearm found on the scene of the crime be handled by the investigator? Explain. What dangers do you think exist with regard to evidence contamination? Explain

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd