Tax incidence, 35 points Briefly explain the three rules of tax incidence (both using words and...

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Tax incidence, 35 points Briefly explain the three rules of tax incidence (both using words and drawing simple graphs that support what you are saying in words). You can of course use the textbook and our class discussion as sources, but please create your own graphs as opposed to literally copying/pasting the book images (you can draw them by hand or with a graphics editor of course). Tax incidence, 35 points Briefly explain the three rules of tax incidence (both using words and drawing simple graphs that support what you are saying in words). You can of course use the textbook and our class discussion as sources, but please create your own graphs as opposed to literally copying/pasting the book images (you can draw them by hand or with a graphics editor of course).

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Three Rules of Tax Incidence Tax incidence refers to the ultimate burden of a tax meaning who truly bears the cost of the tax not just who initially p... View the full answer