While taxes create deadweight loss, varies based on several factors. Two of the most important factors are whether a consumer is willing to spend on a product and how much, ...

To find deadweight loss, assess the change in consumer and producer surplus post-tax. Minimize taxation impact by identifying taxes that cause smaller distortions in market activities. Investor ...

After reading a new paper on income inequality, Tyler Cowen says this is a “scream it from the rooftops” result: ….we find that a one percent increase in the net of tax share is associated ...

How supply and demand interact to determine price is one of the most basic principles of economics. In a free market with no taxation, buyers and.

A glaring example of the deadweight loss of a tax was a 10% tax imposed on luxury boats costing more than $100,000 imposed in 1990. It is said to have deeply hurt the U.S. boat building industry, ...

The hardest thing in the world to understand is income taxes. —Albert Einstein I remarked in Part 2 of this 2014 Paperwork and Red Tape Roundup series (consider this Part 3) that 2013’s 9.5 ...

While I sometimes make moral arguments against the current tax system ... my main arguments are based on economics. ... A Video Primer on How Taxes Reduce Economic Value and Cause Deadweight Loss.