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The nuance of passing down taxes is that it depends on the elasticity, which generally is about the capacity for the consumer to substitute the goods. If you p
by conanbatt 9y ago
The nuance of passing down taxes is that it depends on the elasticity, which generally is about the capacity for the consumer to substitute the goods.
If you put a tax on tobacco or alcohol, it definitely gets to the consumer. If you put a tax on pork, then people switch to chicken and the producer gets hit.