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Given extremely high rates of obesity, diabetes and cancer, should the U.S. Government implement or increase previously established sin taxes on soda, junk foods, cigarettes
Given extremely high rates of obesity, diabetes and cancer, should the U.S. Government implement or increase previously established sin taxes on soda, junk foods, cigarettes and alcohol? Provide a justification for your response. Discuss this in the context of the economic concept of externalities.
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