Explain the difference between tax impact and tax incidence.
Instructions: ***There are 2 discussion questions. Write a 250 word response for each one and include Biblical integration.
Discussion 1: (1) Explain the difference between tax impact and tax incidence. (2) Identify and explain the three forms of shifting that can occur with tax incidence.
Discussion 2: (1) Explain cost-benefit analysis. (2) Identify and explain the steps in performing a cost-benefit analysis.
——-This book may be helpful in answering discussions:
Mikesell,J.L (2018).Fiscaladministration:analysisandapplicationsforthepublicsector(10thed.).Boston,MA:CengageLearning.ISBN:978-1305953680.
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APA
628 words