The incidence of a tax explains what group pays the burden of a tax.
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Q46: Vertical equity refers to the notion that
Q47: A tax that reduces economic efficiency is
Q48: Taxation alters the behavior patterns of individuals.
Q49: The more inelastic the demand for a
Q50: Consumers can avoid excess tax burden by
Q52: The incidence of a payroll tax is
Q53: Payroll tax is a proportional tax.
Q54: An excess burden is present when taxpayers
Q55: Taxation can promote good social policy while
Q56: The ability to shift a tax burden
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