Provide an introduction and a clear thesis statement that presents your stance. Support your position and substantiate your arguments with examples or references and economic reasoning. Be sure to be concise and address counter arguments to your claim. Summarize your argument with concluding statements. A minimum of three sources (best case) should be referenced. Use a precise argumentative thesis and use references to back your claim

TOPIC:

A government is considering financing a stimulus through commodity taxation. It has to choose between necessity goods (rice, potatoes, bread, noodles, pasta) and recreational goods (movie tickets, theater plays, music concerts, stand up comedy tickets). Discuss the impact of the stimulus on the consumption of both types of goods, and compare the taxation rates needed on necessity goods versus recreational goods to fund the stimulus, i.e. answer the question: ``If necessity goods are taxed, will the taxation rate have to be higher or lower than if recreational goods were taxed instead?''

You will be graded based on the following criteria and rubric below:

- The introduction clearly introduces the topic and the key ideas.

- Thesis statement clearly expresses stance.

- Stance is consistently supported throughout the essay.

- Arguments are supported through examples or references.

- References are acknowledged based on APA style.

- There is a logical flow and cohesive progression of ideas in the essay.

- The essay reads coherently.

- A range of sentence structures and vocabulary is used.

- Conclusion is consistent with stance and arguments.

- Spelling, grammar, and punctuation are accurate.