5) The following message has been displayed on several billboards in Charleston, S.C. "Tax Meat:...

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5) The following message has been displayed on several billboards in Charleston, S.C. "Tax Meat: Don't make us pay for your medical bills." The sponsoring organization, People for the Ethical Treatment of Animals, has called for an excise tax on meat "similar to those of other products known to be harmful to human health and the environment" [tobacco, alcohol, gasoline, etc.]. Assume that such a tax was levied on red meat at $0.50 per pound and evaluate the proposal using the tax evaluation criteria discussed in class.

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