Increasing sales tax on alcopops
by Anson Chan
1. Effectiveness
1.1. Elastic demand: Effective
1.2. Inelastic demand: Ineffective
1.3. Perfectly inelastic demand: Ineffective
2. Individuals' perception
2.1. Buyers: Do not welcome
2.2. Sellers: Do not welcome
2.3. Teenagers: Do not welcome
2.4. Parents: Welcome
3. Affected Parties
3.1. Manufactures
3.2. Wholesalers
3.3. Retailers
3.4. Buyers
3.5. Illegal dealers
3.6. Government
4. Consequences
4.1. To the buyers: Buy less
4.2. To the sellers: Sell less
4.3. To government: Increase tax income
5. Reasons
5.1. Reduce teenage drinking
5.2. Alcopops drinking is unhealthy
5.3. As a source of income to the government