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Description
While higher earners spend more and as a result also pay more in excise taxes in real terms, excise taxes as a percentage of their spending is significantly lower compared to low-income Americans
And similar to other harm reduction strategies, THR is not merely about ensuring access to products which reduce risk
Since elasticity is less than one in absolute value, demand changes less than the price
It can also help reduce the intensity of cravings and keep your body functioning optimally
