Question: Your state is recovering from a five year economic crisis and needs rebuild its rainy day fund. The state legislator you work for is trying to decide whether to support the Speaker’s proposal to raise the sales tax rate from 4% to 4.5% across the board or the Pro-Tem’s more targeted proposal to raise the sales tax on consumer electronics [Smartphones, Tablets, TVs, etc] from 4% to 8%. How would you outline the economic impact of the two proposals for him?

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Solution: The downloadable solution consists of 1 pages
Deliverable: Word Document