Explain who will pay most of the tax and why. 5. Al Gore, in his book The Earth in the Balance , argued that the federal tax on gasoline should be increased sharply. Let's suppose that Mr. Gore wins the presidential election in November and that the Democrats take control of Congress. Mr. Gore then pushes a 50-cent per gallon excise tax through Congress. Be sure to explain your answers.
Pharmaceutical drugs have an inelastic demand, and computers have an elastic demand.