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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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