Tax incidence revisited, part 5: Who really pays the tax?
JDN 2457359 I think all the pieces are now in place to really talk about tax incidence. In earlier posts I discussed how taxes have important downsides, then talked about how taxes can distort prices, then explained that taxes are actually what gives money its value. In the most recent post in the series, I … Continue reading Tax incidence revisited, part 5: Who really pays the tax?