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From an Elaboration Likelihood Model of Persuasion perspective, briefly describe the multiple ways in which people are persuaded and the major determinant(s)/influence(s) of that process.
Tax Liability
The total amount of tax that an individual or entity is legally obligated to pay to a taxing authority.
Tax Incidence
The manner in which the burden of a tax is shared among participants in a market.
Tax Burden
The measure of the total amount of taxes that individuals, businesses, or other entities must pay, relative to their income or profits.
Tax Revenues
The income that is gained by governments through taxation, which is used to fund public services, government obligations, and goods.
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