Labor Pains
Posted in Taxation, You Can't Have it Both Ways on Feb 4th, 2008
An old student asked me a simple question regarding tax incidence and it got me to thinking …
Let’s talk about payroll and income taxes. The economic incidence (who actually bears the burden of a tax) is a function of the elasticity of demand for labor (with respect to wages - actually, total compensation including non-pecuniary […]
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