4 ms·
> So if you charge the tenant the tax, prices will fall by $2000 making the landlords absorb the cost. If you charge the landlord the tax both the supply and de
by throw123123123 4y ago
> So if you charge the tenant the tax, prices will fall by $2000 making the landlords absorb the cost. If you charge the landlord the tax both the supply and demand curves are unchanged and the tenants pay the same.
Beautifully correct. Can you imagine peddling in politics a tax on renters claiming it is in their benefit?