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Business, 02.04.2020 20:17 skylarbrown018

Governments throughout history have levied some very interesting taxes. Each of the following taxes changed citizens’ behavior. Determine whether it’s likely that the tax also addressed a market failure. Required:a. The Hat Tax: Adopted by the British Government, requiring every hat to bear a stamp on the inside showing it was legal. b. The "Flatulence Tax": Proposed, but ultimately not adopted, in New Zealand to help reduce methane emissions from livestock. c. The Window Tax: Levied by English King William Ill on the number of windows in a house, which tended to be more numerous in wealthier homes. d. The Cowardice Tax: Introduced in medieval England and applied to people who refused to defend the country at request of the king.

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