The United States has a special tax on
cigarettes. This tax is an example of:
an excise tax.
a value-added tax.
an excess-profits tax.
a progressive tax.
The triangle of welfare loss that a sales
tax on a specific item causes is:
equal to the revenue that the
due to the costs of collecting and
administering the tax.
only occurs in a regressive tax, not a
due to the changes in behavior that the tax