Suppose The Government Removes A Tax On Buyers Of A Good And Levies

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Suppose The Government Removes A Tax On Buyers Of A Good And Levies

a tax of the same size on sellers of a the good. How does this change in tax policy affect the price that buyers pay sellers for this good, the amount buyers are out of pocket, the amount sellers receive, and the quantity of the good sold?
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Removing a tax paid by buyers and replacing it with a tax paid by sellers has no effect on the price that buyers pay, the price that sellers receive, and the quantity of the good sold.
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