what is the diffrence between "tax in constant dollars" or "tax in current dollars"?

2 ⤊

for example "In 2002, each cigarette was taxed currently at 26 cents per cigarette," ?

2007-07-20 02:28:17 · 2 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ Other - Taxes

the poster above is right on the money (no pun intended).

2007-07-20 11:01:01 · answer #1 · answered by summababitch 2 · 1⤊ 0⤋

Constant dollars are adjusted for inflation over time. Current dollars are just that -- current.

2007-07-20 10:10:33 · answer #2 · answered by Bostonian In MO 7 · 1⤊ 0⤋