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The lost value that could've been enjoyed if the supply and demand were in equilibrium is the deadweight loss. Taxes are the primary source of revenue for the government, which uses these funds to ...
This may have a greater likelihood of resulting in unintended consequences or lost revenue. Type of Tax Different taxes can influence economic behavior and deadweight losses in different ways.
I have estimated that at the margin, deadweight losses for the federal tax system amount to 26 cents for every dollar of revenue raised [5]. That means that if Senator Warren plans to finance the ...