tax shift

Definition of "tax shift"
  1. A situation where the burden of a tax levied on one entity is actually borne by another
How to use "tax shift" in a sentence
  1. The local tax shift resulted in the small business owners bearing the brunt of the increased corporate taxes.
  2. Due to the tax shift, the consumers ended up paying more for the products even though the import duties were initially imposed on the manufacturers.
  3. The residents expressed their displeasure at the tax shift which transferred the municipality taxes to homeowners from commercial entities.

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