Study of Lump-Sum, Profit and Sales Tax in Monopoly
The below mentioned article provides a comparative study of lump-sum tax, profit and sales tax in monopoly. In the case of a monopoly, a lump-sum or a profit tax is better than a sales tax. This is because a lump-sum tax, or a profit-tax with a marginal rate less than 100 per cent, will reduce the profit after taxes of [...]