The combined federal and provincial taxes on a carton of 200 cigarettes were reduced from $24 to

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The combined federal and provincial taxes on a carton of 200 cigarettes were reduced from $24 to $10 in Ontario in February 1994.

(a) Describe how you would compute the reduction in excess burden that results from this lowering of the tax.

(b) Or might such a tax reduction worsen efficiency? Explain.

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Public Finance In Canada

ISBN: 9781259030772

5th Canadian Edition

Authors: Harvey S. Rosen, Ted Gayer, Jean-Francois Wen, Tracy Snoddon

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Question Posted: Dec 08, 2022 01:04 AM

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The combined federal and provincial taxes on a carton of 200 cigarettes were reduced from $24 to

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a Originally the tax is 24 per carton of 200 cigarettes or 200 ...View the full answer

Public Finance In Canada

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