The government might levy an excise tax on a product if it wants to collect – from the purchase of that particular good or service. the government would prefer to tax goods with a – demand. the government might also tax a product to incentivize consumers to –. if taxes are too high on a certain good or service, many consumers will – that good. cease buyingmodify their behaviorconsumer surplustax revenuehighly inelastichighly elasticcontinue buyingpay more money

David paid $975,000 for two beachfront lots in coastal south carolina, with the intention of building residential homes on each. two years later, the south carolina legislature passed the beachfront management act, barring any further development of the coast, including david's lots. when david files a complaint to seek compensation for his property, south carolina refuses, pointing to a passage in david's own complaint that states "the beachfront management act [was] properly and validly designed to south carolina's " is south carolina required to compensate david under the takings clause?