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The New Zealand First party wants to alter the tobacco tax of vaping products currently levied on producers and instead

Posted: Sun Jul 03, 2022 6:55 am
by answerhappygod
The New Zealand First Party Wants To Alter The Tobacco Tax Of Vaping Products Currently Levied On Producers And Instead 1
The New Zealand First Party Wants To Alter The Tobacco Tax Of Vaping Products Currently Levied On Producers And Instead 1 (78.95 KiB) Viewed 12 times
The New Zealand First party wants to alter the tobacco tax of vaping products currently levied on producers and instead make consumers pay for it. Which of the following explains what New Zealand First fails to understand (regarding this question only)? A. Economics and politics are not at all related to one another. B. Producers want this because it will increase overall output, and therefore profits. C. Distribution of surpluses do not change as who legally pays the tax changes from consumers to producers. D. Consumers will now bear a greater economic burden and vote them out. E. Output will fall by even more if consumers pay the tax.