Quotulatiousness

May 12, 2015

Tax Revenue and Deadweight Loss

Filed under: Economics, Government — Tags: , , — Nicholas @ 04:00

Published on 27 Jan 2015

Why do taxes exist? What are the effects of taxes? We discuss how taxes affect consumer surplus and producer surplus and discuss the concept of deadweight loss at length. We’ll also look at a real-world example of deadweight loss: taxing luxury yachts in the 1990s.

Related posts:

  1. Commodity Taxes
  2. Steve Landsburg says paying off the national debt would be a bad idea
  3. Who Pays the Tax?
  4. QotD: Tax policy
  5. A Deeper Look at the Demand Curve

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