If the government removes a tax on sellers of a good and imposes the same tax on buyers of the good,then the price paid by buyers will

Question

Quizplus · Accepted Answer

The tax incidence, or the burden of the tax, does not depend on whether the tax is levied on buyers or sellers. Therefore, switching the tax from sellers to buyers will not change the price paid by buyers or the price received by sellers.

If the Government Removes a Tax on Sellers of a Good