In 2005, Michigan considered cutting the general sales tax (a tax on most goods at the same

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In 2005, Michigan considered cutting the general sales tax (a tax on most goods at the same rate) and replacing it with a tax on a few products, such as insurance policies. Using Equation (15.3), discuss whether this proposal would increase or decrease efficiency.

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Public Finance

ISBN: 9780073511283

8th Edition

Authors: Harvey Rosen, Ted Gayer

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