Consider a state debating how to finance emergency road and, Ask an Expert

Economics

Consider a state debating how to finance emergency road and bridge improvements. Among the possibilities are increased fees on driver’s licenses, a personal property tax on motor vehicles, a tax on automobile parts (including tires), and a higher taxes on cigarettes and liquor. Which of these taxes are benefit taxes, which are corrective taxes, which are both? Which of these taxes is least distortionary?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91718987

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