Tax Revenue and Deadweight Loss

Title:: Tax Revenue and Deadweight Loss
Description:: Why do taxes exist? What are the effects of taxes? We discuss how taxes affect consumer surplus and producer surplus and discuss the concept of deadweight loss at length. We’ll also look at a real-world example of deadweight loss: taxing luxury yachts in the 1990s.

Microeconomics Course: http://mruniversity.com/courses/principles-economics-microeconomics

Ask a question about the video: http://mruniversity.com/courses/principles-economics-microeconomics/deadweight-loss-definition-yacht-tax#QandA

Next video: http://mruniversity.com/courses/principles-economics-microeconomics/subsidies-definition-subsidy-wedge

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Video Language:: English
Team:: Marginal Revolution University
Project:: Micro
Duration:: 11:31

	Peter Balla edited Hungarian subtitles for Tax Revenue and Deadweight Loss
	Peter Balla edited Hungarian subtitles for Tax Revenue and Deadweight Loss
	Peter Balla edited Hungarian subtitles for Tax Revenue and Deadweight Loss
	Fran Ontanaya edited Hungarian subtitles for Tax Revenue and Deadweight Loss
	Fran Ontanaya edited Hungarian subtitles for Tax Revenue and Deadweight Loss
	Néstor Noziglia edited Spanish subtitles for Tax Revenue and Deadweight Loss
	Néstor Noziglia edited Spanish subtitles for Tax Revenue and Deadweight Loss
	Néstor Noziglia edited Spanish subtitles for Tax Revenue and Deadweight Loss