Economics · Public Finance
The concept of 'tax shifting' refers to:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Transferring the tax burden from the initial taxpayer to consumers or suppliers✓
- 2Illegal tax evasion by corporations
- 3Shifting the entire tax burden onto the government
- 4Avoiding tax payments through legal loopholes
Correct answer
Transferring the tax burden from the initial taxpayer to consumers or suppliers
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