Effect Of Taxes And Subsidies On Price
Taxes and subsidies change the price of goods and, as a result, the quantity consumed.
Read more about Effect Of Taxes And Subsidies On Price: Tax Impact, Subsidy Impact, Effect of Elasticity, An Illustration
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“A readiness to believe ill of others, before we have duly examined it, is the effect of laziness and pride. We are eager to find a culprit, and loath to give ourselves the trouble of examining the crime.”
—François, Duc De La Rochefoucauld (1613–1680)
“Let’s take the instant by the forward top;
For we are old, and on our quick’st decrees
Th’ inaudible and noiseless foot of time
Steals ere we can effect them.”
—William Shakespeare (1564–1616)
“The prairies were dust. Day after day, summer after summer, the scorching winds blew the dust and the sun was brassy in a yellow sky. Crop after crop failed. Again and again the barren land must be mortgaged for taxes and food and next year’s seed. The agony of hope ended when there was not harvest and no more credit, no money to pay interest and taxes; the banker took the land. Then the bank failed.”
—Rose Wilder Lane (1886–1968)
“There are many things a man will do, but betrayal for a price is not one of yours.”
—Jules Furthman (1888–1960)