Wednesday, February 20, 2013

The Wages of Sin Taxes

The Wages of Sin Taxes | Competitive Enterprise Institute:
"In his study, The Wages of Sin Taxes, Chris Snowdon reveals that these taxes not only do little to limit the use of “bad” products, they do nothing to reduce societal costs.
Most remarkably, Snowdon demonstrates that those shockingly large estimates of the costs that the consumption of alcohol, tobacco, sugar, and fat supposedly impose on society have little basis in reality.

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