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29 April, 01:21

Corrective taxes differ from most taxes in that corrective taxes

a. do not cause deadweight losses.

b. always result in a high burden on sellers of goods to which the corrective tax applies.

c. reduce economic efficiency.

d. do not raise revenue for the government.

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  1. 29 April, 01:46
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    Corrective taxes different from most taxes that corrective taxes do not cause deadweight losses.

    A corrective tax is a market based option used to address activities that affect other companies. These taxes increase the cost of producing a good or service which has companies producing less items.
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