Asked by
christopher pendley
on Nov 05, 2024Verified
Tax shifting is more easily accomplished when all items are subject to taxation.
Tax Shifting
The process by which the economic burden of a tax is passed on from the entity legally responsible for it to another party, often consumers.
- Perceive the effects of tax-shifting strategies and their influence on the distribution of tax responsibilities.
Verified Answer
AS
Learning Objectives
- Perceive the effects of tax-shifting strategies and their influence on the distribution of tax responsibilities.