Public policy finance

Question

Details: Explain “excise” tax in detail. (2) Discuss when an excise tax is likely to be used and its impact. (3) Discuss the pros and cons of an excise tax. (4) Discuss the use of an excise tax to address a social cost or concern, and give at least one specific example of such an excise tax.
Requirements: 500 words minimum, APA format including title page, appropriate citations and references page, and the similarity index should not exceed 20%.

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