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Originally Posted by jovilaura_fi
Quote:
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Originally Posted by Jim Bon Jovi
that's why the government can tax the **** out of petrol, booze and fags. People will buy it regardless of the tax stuck on it.
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Not necessarily. People in Holland go over to Germany to get it with less tax (=cheaper), people in Finland go to Estonia, South England to France etc... And the government loses out.
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enough of your commie propaganda.
1 of the basic "laws" of elasticity is that fags, drink and drugs are highly price inelastic. People will and do pay pretty much whatever it is set as. Some will go booze cruises now and again but compared to the amount of people who'll just nip down to asda is pretty minimal.