4 ms·
Who "ultimately pays" depends. "...tax incidence or tax burden does not depend on where the revenue is collected, but on the price elasticity of demand and pri
by i_s 13y ago
Who "ultimately pays" depends.
"...tax incidence or tax burden does not depend on where the revenue is collected, but on the price elasticity of demand and price elasticity of supply."
http://en.wikipedia.org/wiki/Tax_incidence http://en.wikipedia.org/wiki/Tax_incidence