The Statutory Incidence (Or Burden) of a Tax Refers to

question 142

Multiple Choice

The statutory incidence (or burden) of a tax refers to

• A) the governmental agency responsible for collecting the tax.
• B) who actually bears the burden of a tax once changes in market prices are taken into account.
• C) the degree of progressiveness in the rate structure of the tax.
• D) who the tax is legally or statutorily imposed on.

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Definitions:

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