The "incidence of a tax" is the term used to indicate
A) the responsibility for collecting the tax.
B) who actually bears the tax burden.
C) who the tax is initially levied on.
D) the regressive rate structure of the tax.

Question

Quizplus · Accepted Answer

The incidence of a tax refers to who actually bears the tax burden, not who is initially responsible for collecting it or who is initially levied on.

The "Incidence of a Tax" Is the Term Used to Indicate