When you tax something, you get less of it.

• Explain how taxes affect your own purchasing decision.
• Explain what that statement means for deadweight loss for elastic and inelastic goods.
• Explain what that statement means for the Laffer curve.

Post your initial response (of at least 250 words) early and check back often to continue the discussion. Be sure to respond toat least two posts from other students or your instructor. Your responses in the discussion board must be well-written according toCSU-Global Guide to Writing and APA(Links to an external site.)

.Finally, be sure to include in your initial post at least one reference using the CSU Library or other professional and scholarly references.TheEconomics Library Guide(Links to an external site.)

is a good tool to use to start your research sources such as The Balance, EconomicsHelp.org, Investopedia, and other help websites are not acceptable).