The Importance Elasticity of Demand when Implementing Taxation

Abstract: This 3 page paper looks at the reasons why it is important that a tax commission understand the concept and use of price elasticity of demand when assessing the way to increase tax revenue by implementing or increasing taxes. The importance of using this to assess the level of potential revenue and suitable goods to attach the tax to all are explained. The bibliography cites 2 sources.

Filename: TEelatac.rtf

Pages: 3

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Catagory: Money & Banking / Corporate Finance

Subcatagory: Accounting & Personal Finance

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