The title of this post is technically true in many circumstances, but it's more complicated than some think. Let me explain why. It is true that if you impose a tax on a good like coffee, then people will demand less coffee, since the price of coffee increased relative to other goods, like tea. This is called the
"If you tax labor, people will work less"
"If you tax labor, people will work less"
"If you tax labor, people will work less"
The title of this post is technically true in many circumstances, but it's more complicated than some think. Let me explain why. It is true that if you impose a tax on a good like coffee, then people will demand less coffee, since the price of coffee increased relative to other goods, like tea. This is called the