Posts Tagged ‘state revenue’

  • Tax Revenue

    Sin Taxes: Cigarettes

    Jan 12, 13 • 285 Views • Behavioral Economics, Demand, Supply, and Markets, Economic Debates, Economic History, Environment, Government, Health Care, Regulation, Thinking EconomicallyNo Comments

    Revenue, abstinence…or maybe neither? Our story starts in New York State. Recognizing the health risks of cigarettes and the potential for generating revenue, New York State levied one of the highest cigarette taxes in the country. As a result,...

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    Amazon vs. California

    Jul 17, 11 • 115 Views • Businesses, Demand, Supply, and Markets, Economic Debates, Government, Regulation, Thinking EconomicallyNo Comments

    According to the Seattle Times, in 1996, Amazon’s CEO, Jeff Bezos said, “You have to charge sales tax to customers who live in any state where you have a business presence. It made no sense for us to be in California or New York.”...

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    A High, Low, or No Soda Tax?

    Jun 19, 10 • 142 Views • Demand, Supply, and Markets, GovernmentNo Comments

    States debating a tax on soda have to decide whether they want to raise revenue or diminish obesity. If a sales tax on soda is not very high, people will continue buying sugary drinks. The result? The state gets more money. On the other hand, if the tax is...