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Term of the Day
tax incidence
tax impound
tax increment financing
Definition
Tax
obligations
between
buyers
and
sellers
. Tax incidence
changes
often as
price
elasticity
slides
from one
level
to another thus shifting more of the burden to buyers or sellers.
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Popular 'Taxes' Terms
dividend
escrow
annuity
fiscal policy
disposable income
credit
tax
effective tax rate
sole proprietorship
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