In reference to luxury items, what is the excess burden of a tax?

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2007-11-06 17:01:44 · 3 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States

in relation to economics and the concept of excess burden

2007-11-07 00:37:22 · update #1

Normally, the sales tax rate on luxury items is same as that for non-luxury items.

2007-11-06 21:00:32 · answer #1 · answered by MukatA 6 · 0⤊ 0⤋

2007-11-06 17:24:20 · answer #2 · answered by Anonymous · 0⤊ 0⤋

You pay the tax. So what? Not sure what you're asking.

2007-11-06 18:29:28 · answer #3 · answered by Bostonian In MO 7 · 0⤊ 0⤋