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Case 13 1: Estimating Revenue from a New Tax Located on pages 636 637 in Fiscal Administration (10th ed.) by Mikesell, Case 13 1 discusses

Case 13 1: Estimating Revenue from a New Tax Located on pages 636 637 in Fiscal Administration (10th ed.) by Mikesell, Case 13 1 discusses the role of forecasting revenues for a new tax. Read the entire case study and answer the following questions (Consider These Questions): 1. What estimating protocol is used for the tax? Do you think this is the appropriate approach in this instance? 2. What are the special problems that the revenue estimators had to confront in the case? 3. What changes would you make to their estimating approach? What difference would your changes make to the final estimate?

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