5. The tax on cigarettes in New York City is the highest in the nation $5.85 per...

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5. The tax on cigarettes in New York City is the highest in the nation—

$5.85 per pack. Does this tax raise a lot of revenue for New York City? Why or why not? What are some of the secondary effects of this tax?

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Macroeconomics Private And Public Choice

ISBN: 9781111970628

14th Edition

Authors: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

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