Which of the following taxes is most likely to be shifted?

Question

Quizplus · Accepted Answer

A general sales tax is more likely to be shifted because it is a tax on consumption, which affects everyone who purchases goods or services. The tax can be passed on to consumers in the form of higher prices, as businesses may choose to raise their prices to offset the additional cost of the tax. In contrast, other taxes such as a flat-rate state income tax, progressive federal income tax, and a property tax on an owner-occupied residence are less likely to be shifted, as they are based on individual income or property ownership and cannot be easily transferred to others.

Which of the Following Taxes Is Most Likely to Be