Birdwatch Note Rating
2025-01-25 13:50:07 UTC - NOT_HELPFUL
Rated by Participant: 0F2A5C1EB67E8382771D4BBBC023F245C17E52334E519F6B9BBC8CE3FA083B37
Participant Details
Original Note:
Whether or not a tax falls on consumers, producers, or some combination of both depends on the elasticity of the good. This is called "Tax Incidence". It is incorrect to claim the buyer pays for the entirety of the tariff without proper analysis of the good itself. https://www.investopedia.com/terms/t/tax_incidence.asp
All Note Details