Regressive Taxation
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Can Minimum Pricing Combat Alcohol Abuse? Evidence from Canada
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When thinking about “dangerous drugs,” illicit substances such as heroin and cocaine usually come to mind. However, there is compelling evidence that alcohol is substantially more harmful to society than illegal drugs; alcohol is the third leading cause of preventable deaths in the U.S., behind only tobacco and poor diet. According to the World Health…
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How Rising Property Taxes Engender Regressive Taxation
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As the old adage goes, two things in life are guaranteed: death and taxes. While it may not be lethal, some Cook County residents are in for a surprise when they open their next property tax bill. Reports indicate that between 2015-2016, the average property tax rate for a Chicago…