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Starting at 1.9% in the first step, the explained variance increased to 11.6% after the last (sixth) step (please see Supplementary Table S5 for all steps individually)

Clearly, however, these people never heard of the Laffer curve, despite it being the basic economic premise behind such "sin taxes." Simply put, the Laffer curve argues that there is a point where a tax rate can be so high, it actually collects less revenue by encouraging individuals to avoid the behavior or product being taxed

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