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4 June, 12:15

The ultimate economic burden of a tax is best captured by

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  1. 4 June, 13:27
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    The ultimate economic burden of a tax is best captured by the effective tax rate. The effective tax rate averages how much in taxes must be paid by citizens and companies. To determine one's effective tax rate they must divide their income tax expenses by the income they earned before taxes. This tax is known as the burden tax because it strain it puts on an individual, due to the money it makes people owe.
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