Why are cigarettes and alcohol the most heavily taxed


Why are cigarettes and alcohol the most heavily taxed items in the US? Now, if the government increases the price of these items by 10%, how does this affect the stores that sell them?

 

Request for Solution File

Ask an Expert for Answer!!
Microeconomics: Why are cigarettes and alcohol the most heavily taxed
Reference No:- TGS0959359

Expected delivery within 24 Hours