Chapter 19: Price Distorting Taxes and Subsidies

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Statutory versus Economic Incidence of Taxes

The Economic Incidence of a Subsidy

Price Elasticities and the Relative Burden of Taxes on Buyers and Sellers

Taxes and Market Output as Economic Agents become more Price-Responsive

Dead Weight Loss when Tastes are Quasilinear

Dead Weight Loss from Wage Taxes when Labor Supply is Perfectly Inelastic

DeadWeight Loss from Subsidies for Saving when Saving Behavior is Perfectly Inelastic

Dead Weight Loss and Tax Revenue when Tastes are Quasilinear

A 50% Tax on Land Rents

Graph 19.10ab

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