Birdwatch Note Rating
2025-01-24 09:03:22 UTC - NOT_HELPFUL
Rated by Participant: CCBB9A1EFFF6123DF40CFD8ABAAA3DD5E3CEB91BF40BD5CAFFD5E641AF99697E
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
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