Both a payroll tax and an excise tax on alcohol raise revenue and, respectively, shrink the markets

Question:

Both a payroll tax and an excise tax on alcohol raise revenue and, respectively, shrink the markets for labor and alcohol. Although both have some functions in common, governments may have different goals when levying them. What goals do you think motivate a payroll tax? What goals motivate an alcohol tax?
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Microeconomics

ISBN: 978-1259163531

1st edition

Authors: Dean Karlan, Jonathan Morduch

Question Posted: