The Tobacco Wars

The Tobacco Wars The Tobacco Wars The U.S. government regulates the barters agreement and distri preciselyion of tobacco plant plant products in many vogues. Some examples of the way the government regulates be setting an age limit and onerous tobacco products. In the economic world, the tobacco wars are a serious issue. The sale of tobacco as we know is precise inelastic. The government puts fundamental taxes on tobacco products to cut scratch off on the sale of them. They know that the people leave easy buy cigarettes no payoff how much they cost. Elasticity has a lot to do with the taxation of cigarettes.

The relatively low expenditure elasticity of demand in the tobacco market results in higher tax revenue enhancements than in any separate type of market. The government knows that the demand of tobacco is high rich that they can apply these stiff taxes. arse taxes work as a steady source of revenue for the government. There testament be some people that go forth stop smoking, but there will always be those people that will not....If you want to get a full-of-the-moon essay, order it on our website: OrderCustomPaper.com

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