The term tax incidence refers to a. whether the demand curve or the supply curve shifts when the tax is imposed. b. whether buyers or sellers of a good are required to send tax payments to the government. c. the distribution of the tax burden between buyers and sellers. d. widespread view that taxes (and death) are the only certainties in life.

The answer is C.

Explanation:

Tax incidence can also be termed as tax burden. It is the distribution of a particular tax burden on either the producers or consumers or both. It helps to know the impact that the tax levied has on the producers or the consumers.

Tax incidence depends on the elasticity of demand and supply also. When supply is more elastic than demand, consumers feel the impact more and when demand is more elastic than supply, producers feel the impact more.

if you do not file your taxes you will not have a job, and you credit rate will go down.

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