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
Famous quotes containing the words effect of, effect, taxes and/or price:
“The law before us, my lords, seems to be the effect of that practice of which it is intended likewise to be the cause, and to be dictated by the liquor of which it so effectually promotes the use; for surely it never before was conceived by any man entrusted with the administration of public affairs, to raise taxes by the destruction of the people.”
—Philip Dormer Stanhope, 4th Earl Chesterfield (1694–1773)
“It has never been in my power to sustain ... I can pass swiftly from one effect to another, but I cannot fix one, and dwell on it, with that superb concentration which seems to me the special attribute of the tragic actress.”
—Ellen Terry (1847–1928)
“As I went about with my father when he collected taxes, I knew that when taxes were laid some one had to work to earn the money to pay them.”
—Calvin Coolidge (1872–1933)
“Nowadays people know the price of everything and the value of nothing.”
—Oscar Wilde (1854–1900)