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Taxes on luxury goods typically aren't expected to significantly reduce their consumption, because they're purchased by price-insensitive wealthy people. But th
by AnthonyMouse 2y ago
Taxes on luxury goods typically aren't expected to significantly reduce their consumption, because they're purchased by price-insensitive wealthy people. But the congestion pricing seems to be deterring use, and indeed is explicitly intended to, so who are these price-sensitive people being subject to the tax?