But it also shows that some economic activity never takes place (deadweight loss): When discussing the economics of taxation, I always try to remind people that deadweight loss also represents foregone taxable activity, which is why the Laffer Curve is a very real thing (as even Paul Krugman admits)
You know that annoying moment you have sometimes when you put a cigarette down and someone else picks it up from the ashtray to start puffing away on your deathstick
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Earlier this month, she proposed increasing the New York cigarette tax rate by $1.00 a pack and extending New Yorks existing flavored vaping ban to all other flavored tobacco products