Tax incidence refers to:

A) who writes the check to the government.
B) who really pays the tax.
C) the deadweight loss from the tax.
D) the total revenue that the government collects from the tax.

Tax Incidence

The analysis of the effect of a particular tax on the distribution of economic welfare, including who ultimately pays the tax.

Deadweight Loss

A loss of economic efficiency that occurs when the equilibrium for a good or service is not achieved or is not achievable.

Tax Revenue

The income gained by governments through taxation, used to fund public services and government obligations.