Tax shifting refers to the fact that
A) sellers will try to pass the burden of an excise tax on to the buyers.
B) high-income groups tend to pay a higher average tax rate than low-income groups.
C) as one earns a higher income, one shifts to a high tax bracket.
D) a nation can sometimes shift from a progressive tax structure to one that is regressive.
Correct Answer:
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Q256: With a tax of $2,000 on $30,000
Q257: The progressive structure of the income-tax system
Q258: In 2016, U.S. governments (local, state, and
Q259: Property taxes are
A)collected primarily at the federal
Q260: If government levies a tax or fee
Q262: Suppose that a $0.75 tax is placed
Q263: Most economists believe that property taxes
A)should be
Q264: Tax incidence may be defined as the
A)average
Q265: The federal personal income tax
A)has a regressive
Q266: The incidence of taxation refers to
A)who in
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