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Introduction Two main concepts of how a tax is distributed Statutory incidence - who is legally responsible for tax Economic incidence -the true change in the distribution of income induced by tax These two concepts differ because of tax shifting.3 Introduction • Two main concepts of how a tax is distributed: – Statutory incidence – who is legally responsible for tax – Economic incidence – the true change in the distribution of income induced by tax. – These two concepts differ because of tax shifting
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