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Is the tax burden of sin taxes on tobacco products shared equally between consumers and -producers?
Wiki User
∙ 14y ago
no,buyers pay more
Wiki User
∙ 14y ago
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Is the sin tax burden on tobacco products shared equally between producers and consumers?
Economics 101 - it is borne entirely by the consumer. Even if the state were to levy it upon the producer, the consumer will pay it in marked up prices. If the product is a dollar and the tax a dollar, the producer needs to collect for both...
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