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why do you think governments want to influence the supply of alcohol and tobacco products by imposing excise taxes?

why do you think governments want to influence the supply of alcoho...

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why do you think governments want to influence the supply of alcohol and tobacco products by imposing excise taxes?

why do you think governments want to influence the supply of alcohol and tobacco products by imposing excise taxes?

Answer

so that the government earn more revenue .
Few governments for exampe India people are still ready to pay high to consume alcohol and tobacco,So therefore Indian government charges high tax(not too high) so that the consumers doesn't decrease their consumption and increase the government revenues to reduce the consumption .
if taxes are high people might refuse to buy tobacco and alcohol thus reduces the consumption

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Virtual Teaching Assistant: Colleen R.
Question Level: Basic
Karma: Free
Upload Date: 5/31/2017

This 38 words question was answered by Colleen R. on StudySoup on 5/31/2017. The question contains content related to Business Since its upload, it has received 132 views.

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