Question
3. If you visit Amsterdam you will likely note that homes facing the canals are tall, deep, and extremely narrow. This is a consequence of
3. If you visit Amsterdam you will likely note that homes facing the canals are tall, deep, and extremely narrow. This is a consequence of the desire to avoid taxes.
(a) Describe a tax system that would induce this type of behavior.
(b) Is there any deadweight loss associated with such a tax system? If so, how might one be able to "see" this?
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Granularity Theory With Applications To Finance And Insurance
Authors: Patrick Gagliardini, Christian Gourieroux, Christian Gouriéroux
1st Edition
1316057135, 9781316057131
