Tax Incidence

Summary of Tax Incidence

The place where a tax finally comes to rest. For example, a value added tax is passed through the marketing process to the final purchaser.

(Main Author: William J. Miller)

Literature Review on Tax Incidence

In the Encyclopedia of Public Administration and Public Policy, [1] Daphne Greenwood offers the following summary about the topic of Tax Incidence: Who really pays the taxes? Many people worry about having to pay more than their “fair share” of taxes. It is important to understand where the true economic burdens of a tax lie, for purposes of ensuring whatever concept of fairness has been agreed upon and for understanding the effect of the tax on efficiency (its influence on economic decisions). Of course, because equity is often in the eye of the beholder, there are many different views of fairness.

Resources

Notes and References

1. Entry about Tax Incidence in the Encyclopedia of Public Administration and Public Policy (2015, Routledge, Oxford, United Kingdom)

See Also

Further Reading

• Global Encyclopedia of Public Administration, Public Policy, and Governance (2018, Springer International Publishing, Germany)