Brief Finding Just the Right Tax Rate
Kim S. Rueben
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In a contribution to the New York Times' Room for Debate, Kim Rueben argues if the tax rate for marijuana is too high, people will continue to buy weed from the guy on the street. However, setting the tax rate too low leaves revenue on the table and use might boom.
Research Areas Taxes and budgets
Tags State and local tax issues Individual taxes Federal budget and economy
Policy Centers Urban-Brookings Tax Policy Center