Birdwatch Note Rating
2025-01-24 16:39:26 UTC - NOT_HELPFUL
Rated by Participant: 7A1E74A72791FE33E419FD6A0D56335FC783EBED06933F0F007FEAF89F0CDE2E
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