The difference between the before-tax and after-tax rates is referred to as the

Name: The difference between the before-tax and after-tax rates is referred to as the
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The difference between the before-tax and after-tax rates is referred to as the "tax wedge." This term captures the idea that taxes drive a "wedge" between what buyers pay and what sellers receive, affecting the overall market equilibrium.

The Difference Between the Before-Tax and After-Tax Rates Is Referred