Suppose the government wants to reduce cigarette consumption to 200 billion packs per year. The government could achieve this by imposing a per-unit tax on cigarettes of

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01-03-2022
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Suppose the government wants to reduce cigarette consumption to 200 billion packs per year. The government could achieve this by imposing a per-unit tax on cigarettes of

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Tundexi Tundexi · Answer 1 · 2022-03-15T13:52:08+01:00

The government could achieve reduction of cigarette consumption to by imposing a per-unit tax on cigarettes of 200 billion packs per year

What can Taxation achieve?

A taxation refers to compulsory levies on individuals, business by the governments on their income, operation etc.

In conclusion, apart from the revenue that tax generates for the government official, its also serves as tool for controlling consumption.