The statutory burden of a tax is the:
A)government-designated burden of a tax payment.
B)burden created by the change in after-tax prices faced by buyers and sellers.
C)percentage increase in the tax on an item.
D)laws governing sales taxes in a country.

Question

Quizplus · Accepted Answer

The statutory burden of a tax refers to the legal responsibility for the tax payment as designated by the government, which is what choice A describes.

The Statutory Burden of a Tax Is The