Which of the following taxes is least likely to be shifted?
A)A federal excise tax on grapefruit
B)A sales tax on some foodstuff
C)A personal income tax
D)A state tax on football tickets

Question

Quizplus · Accepted Answer

Personal income tax is least likely to be shifted because it is based on the income of an individual or household and cannot be easily passed on to others. The other taxes listed, such as excise and sales taxes, can potentially be added to the price of the product being sold, while a tax on football tickets may result in a higher price for the tickets.

Which of the Following Taxes Is Least Likely to Be