(b) The current top marginal tax rate in Newfoundland (federal + provincial) is 43.0%. Using the ETI estirnate provided, what is the Behavioral effect of this tax reform (i.e. calculate B)? [2 marks] (c) Using the value for ez provided, calculate the mechanical effect M, the behavioural effect B and the total revenue effect of the tax reform (i.e. M + B) in the following table. To reduce clutter, please report your answers for M, B and M + B in millions of dollars (i.e. 000,OOOs). [10 marks] Province N ew foundl and PEI Nova Scotia New Brunswick Quebec Ontario Manitoba Saskatchewan Alberta British Columbia (SOOOs) Tax Filers Current T M ($ millions) B (S millions) M -e B (S millions) 26.973 28.3.720 203.948 273.712 248.546 326.472 477.951 300.529 344.253 648.475 406.730 168.094 139.722 154.588 147.010 169.949 215.316 161.098 180.420 281.096 190.151 4,170 1,120 7,240 5,970 62,510 98,060 9,140 7,850 27,530 34,190 0.430 0.469 0.494 0.428 0.477 0.463 0.460 0.435 0.390 0.431 482.160 -455.187 (d) How many provinces experience an increase in tax revenue because of this reform? In 3-5 sentences, describe some of the similarities arnong provinces that experience an increase in tax revenue? Use insights from our discussion in class. [10 marks]