Daniel Patrick Moynihan, the late senator from New York, once introduced a bill that would levy a

Question:

Daniel Patrick Moynihan, the late senator from New York, once introduced a bill that would levy a 10,000 percent tax on certain hollowtipped bullets.

a. Do you expect that this tax would raise much revenue? Why or why not?

b. Even if the tax would raise no revenue, why might Senator Moynihan have proposed it?

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