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Economics Vault
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Tax Revenue. Increasing tax rates will always hurt the economy but will sometimes decrease tax revenue.
T% = Tax Rate; Q = Quantity; P(m) = Market Price; P(T) = Per-unit Government Revenue; P(E) = Per-unit Firm Revenue; E = Total Firm Revenue; TR= Total Government Revenue; DWL = Dead-Weight Loss.
Added: 2 years ago



