Last night, I had a wonderful time with Mrs. Cho and Carol. Those two are a potent hangout duo. Amazingly, without any prompting on my part, we got to talking about the new tax on tanning salons in the health reform bill.
Mrs. Cho: The guy said it was like a tax on sunshine.
Carol: Is the tax on the salons? Do they have to pay or do the customers have to pay more now?
Moi: That depends. The incidence of tax- the tax burden- depends on the price elasticity of demand for the product.
Mrs. Cho: You must be thrilling at parties.
(later, telling Laura this story)
Laura: But you're thrilling at [school] parties!
Exactly.
1 comment:
A party thriller... huh interesting concept:)
Post a Comment