And hopefully it can then steer people towards better choices.
As a counterexample, tobacco taxation is less effective for reducing smoking than alternative policies [1]. So, yes, we can hope that higher taxes help people make better choices. Or we can implement better policies that are known to be more effective.
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As a counterexample, tobacco taxation is less effective for reducing smoking than alternative policies [1]. So, yes, we can hope that higher taxes help people make better choices. Or we can implement better policies that are known to be more effective.
[1]: https://web.archive.org/web/20250323131704/https://tobacco.u...