Whether a tax is levied on sellers or buyers, buyers and sellers usually share the burden of taxes.

Name: Whether a tax is levied on sellers or buyers, buyers and sellers usually share the burden of taxes.
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The economic incidence of a tax, meaning who actually bears the burden, does not depend on who the tax is formally levied on. Both buyers and sellers will typically share the burden through changes in market prices and quantities.

Whether a Tax Is Levied on Sellers or Buyers, Buyers