EVALUATION for Jesse Jones-Smith session
1. In regard to beverage (excise) taxes in the U.S., which of the following statements is false?
Distributors must pay the tax.
Distributors must “pass on” the tax to the consumer through increased prices.
Distributors can choose to “pass on” the tax to the consumer through increased prices.
Retailers can choose to “pass on” the tax to the consumer through increased prices.