Copyright©2004 South-Western 8 Applications: The Costs of Taxation.

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Application: The Costs of Taxation
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Presentation transcript:

Copyright©2004 South-Western 8 Applications: The Costs of Taxation

Copyright©2004 South-Western Figure 1 The Effects of a Tax

Copyright©2004 South-Western Figure 2 Tax Revenue

Copyright©2004 South-Western Figure 3 How a Tax Affects Welfare

Copyright©2004 South-Western Figure 3 How a Tax Affects Welfare

Copyright©2004 South-Western Figure 4 The Deadweight Loss

Copyright©2004 South-Western Figure 5a Tax Distortions and Elasticities

Copyright©2004 South-Western Figure 5b Tax Distortions and Elasticities

Copyright©2004 South-Western Figure 5c Tax Distortions and Elasticities

Copyright©2004 South-Western Figure 5d Tax Distortions and Elasticities

Copyright©2004 South-Western Figure 6a Deadweight Loss and Tax Revenue from Three Taxes of Different Size

Copyright©2004 South-Western Figure 6b Deadweight Loss and Tax Revenue from Three Taxes of Different Size

Copyright©2004 South-Western Figure 6c Deadweight Loss and Tax Revenue from Three Taxes of Different Size

Copyright©2004 South-Western Figure 7a How Deadweight Loss and Tax Revenue Vary with the Size of a Tax

Copyright©2004 South-Western Figure 7b How Deadweight Loss and Tax Revenue Vary with the Size of a Tax

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