While states find it’s tough to predict marijuana tax revenue, they can assume that higher rates will nudge consumers toward black markets.
Involving us individually and as a community, sugary drink taxes create nudges that result in a long list of costs and benefits.
Looking at the Philadelphia sugary drinks tax, we would find it did not accomplish many of its goals in three major categories.
Like all sin taxes, the Philadelphia sugary drinks tax has had an unpredictable impact on revenue and the alternatives that people select.
Deciding if you support cigarette taxes on e-cigarettes depends on whether you think they are a health risk or a weapon in the battle against tobacco.
Our weekly roundup includes how economics connected Venezuelan oil and beer, Russian taxes and vodka, Broadway and the $10 bill and moving and jobs.
Closely connected to tax revenue and civilian attitudes towards government, Russian vodka consumption was affected by economic incentives.
An example of a sin tax, cigarette taxes can create incentives that involve saving lives, increasing revenue, entitlement spending, and smuggling.