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Copyright©2004 South-Western
88Applications: The Costs of Taxation
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Figure 1 The Effects of a Tax
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Figure 2 Tax Revenue
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Figure 3 How a Tax Affects Welfare
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Figure 3 How a Tax Affects Welfare
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Figure 4 The Deadweight Loss
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Figure 5a Tax Distortions and Elasticities
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Figure 5b Tax Distortions and Elasticities
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Figure 5c Tax Distortions and Elasticities
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Figure 5d Tax Distortions and Elasticities
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Figure 6a Deadweight Loss and Tax Revenue from Three Taxes of Different Size
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Figure 6b Deadweight Loss and Tax Revenue from Three Taxes of Different Size
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Figure 6c Deadweight Loss and Tax Revenue from Three Taxes of Different Size
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Figure 7a How Deadweight Loss and Tax Revenue Vary with the Size of a Tax
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Figure 7b How Deadweight Loss and Tax Revenue Vary with the Size of a Tax