Group 3

Specific Topic: The Deadweight Loss of Taxation

Outline:
1. Definition of The Deadweight Loss of Taxation
2. The effects of Taxation: On buyer and seller
3. Tax revenue: It can fund beneficial services (e.g.,
education, roads, police)
4. How a Tax Affects Welfare
Two cases: Welfare with a Tax and Welfare without a tax
5. Discussion about the Deadweight Loss and The Gains
From Trade