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Do the people who are legally required to pay a tax always bear the burden of the​ tax? briefly explain.

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Answer:

No. Whoever bears the burden of the tax is not affected by who legally is required to pay the tax to the government.

Step-by-step explanation:

When supply is more elastic than demand, buyers bear most of the tax burden. According to economists, an efficient tax is one that

imposes a small deadweight loss relative to the tax revenue it raises.

User Niels Keurentjes
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