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This title will be released on November 23, 1993 Buy the e-book: Information Author/Editor Bios Back to Top Richard Klein is Professor of French at Cornell University and editor of Diacritics

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Clearly, however, these people never heard of the Laffer curve, despite it being the basic economic premise behind such "sin taxes." Simply put, the Laffer curve argues that there is a point where a tax rate can be so high, it actually collects less revenue by encouraging individuals to avoid the behavior or product being taxed