Hello, I am looking for someone to write an essay on 3-5 Tax Incidence. It needs to be at least 250 words.
When they are taxed more, they shift their burden to their workers and customers who are not rich. Therefore, to tax someone or some entity is an activity that involves some thought process and is not done just blindly as many people get affected because of additional taxes. The article is a good one as it highlights what we should know and who should be believe. We should not ignorantly follow wrong advices and should read gain knowledge about everything that puts an impact on us.
The response by the student tells a story about Johnny, his Dad and Mom. Dad is the employer. Johnny and his mother are workers. Mom is informed to be a weak worker and Johnny gets paid for working for Dad and Mom, but when he exceeds his wishes, he is unable to get paid what he expects. I think that student wants to inform that we have to manage our expenditures as per our wages and extra taxes will deprive the poor from getting required wages because the employer gets trapped in paying more. He has given a good example, but it only illustrates the wages that one gets resultantly because of elevated taxing and neglects the issue why we should not tax