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

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Presentation on theme: "Copyright©2004 South-Western 8 Applications: The Costs of Taxation."— Presentation transcript:

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

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

3 Copyright©2004 South-Western Figure 2 Tax Revenue

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

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

6 Copyright©2004 South-Western Figure 4 The Deadweight Loss

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

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

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

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

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

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

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

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

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


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