In 1990, the federal government passed a budget which included a 10% "luxury tax" on yachts, personal aircraft, jewelry, furs, etc. (Although different, treat this as a per-unit tax - the type we covered in class.) Answer the following two questions. In the year before the tax took effect, approximately $60 million worth of qualifying personal aircraft were being sold each year in the U.S. Would the government's tax revenue would be more than, less than, or equal to $6 million dollars? Briefly explain how you know