Depending on the circumstance, the burden of tax can fall more on consumers or on producers based on the elasticity of supply and demand. Microeconomics 101: h

Depending on the circumstance, the burden of tax can fall more on consumers or on producers based on the elasticity of supply and demand. Microeconomics 101: https://www.khanacademy.org/economics-finance-domain/microeconomics/elasticity-tutorial/price-elasticity-tutorial/a/elasticity-and-tax-incidence https://www.khanacademy.org/economics-finance-domain/microec...