When deciding between a sales tax on automobiles, where the sellers pay the tax bill, or an
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Question:
When deciding between a sales tax on automobiles, where the sellers pay the tax bill, or an excise tax paid by buyers by mail, we should consider...
a. Whether or not the industry is competitive or not
b. Which way is less costly to collect and escape tax evasion
c. The amount of tax revenue the needs to be collected
d. Which side of the market—sellers or buyers—has a more inelastic curve
Expert Answer:
The detailed answer for the above question is provided below The correct answer is b Which way is le... View the full answer
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