Which of the following taxes is most likely to be shifted?
A)A property tax on an owner-occupied residence
B)A progressive income tax
C)A flat-rate state income tax
D)A general sales tax

Question

Quizplus · Accepted Answer

A general sales tax is most likely to be shifted because it is typically passed on to consumers through increased prices of goods and services. This means that businesses can transfer the burden of the tax onto their customers.

Which of the Following Taxes Is Most Likely to Be