Tax shifting could result in any of the following EXCEPT

Name: Tax shifting could result in any of the following EXCEPT
Brand: Quizplus
Rating: 4.9 (43 reviews)

Question

Quizplus · Accepted Answer

Tax shifting typically involves the burden of a tax being passed from the entity legally responsible for it to another party, such as consumers, workers, or investors, through higher prices, lower wages, or lower returns. It does not lead to higher profits for owners, as the essence of tax shifting is to distribute the tax burden rather than increase profitability.

Tax Shifting Could Result in Any of the Following EXCEPT