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"Taxing" for change rarely works. what happens is the "jet fuel tax" goes into general government revenue. Politicians seeking re-election use said money to c
by kennend3 4y ago
"Taxing" for change rarely works.
what happens is the "jet fuel tax" goes into general government revenue. Politicians seeking re-election use said money to create new programs instead and effectively "buy votes" with your own money.
Can you provide an example of this ever working? I can give you several of it being an absolute failure and having no impact.
In Canada we have "sin" taxes (Alcohol, cigarettes, gasoline).
- Smoking has declined, but more because of the negative marketing (ugly pictures on a pack of smokes). It is also less "socially acceptable" and so young people dont pick up the habit.
- Alcohol - Slight downtrend, but sales are still very strong https://www.statista.com/topics/2998/alcohol-consumption-in-canada/#dossierKeyfigures https://www.statista.com/topics/2998/alcohol-consumption-in-...
- Gas https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=2310006601 https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=231000.... Covid caused a decline, but it will trend back up.
- andsoitis 4y ago> - Smoking has declined, but more because of the negative marketing (ugly pictures on a pack of smokes). It is also less "socially acceptable" and so young people dont pick up the habit. These things don't happen on their own. Canaday's Tobacco Strategy, presumably funded with money that has to come from somewhere (e.g. sin taxes): https://www.canada.ca/en/health-canada/services/publications/healthy-living/canada-tobacco-strategy.html https://www.canada.ca/en/health-canada/services/publications...
- ahtihn 4y agoAre you saying that price has no effect on demand?