Deadweight Burden

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August 31, 2024 4 min read Definitions
Deadweight Burden of Taxes: Understanding the Economic Impact
Economics Finance Deadweight Burden Taxation Economic Impact Tax System Consumer Surplus
The deadweight burden of taxes represents the excess of the total harm done by a tax over the amount of revenue raised, highlighting inefficiencies in tax systems. This article delves into historical context, types, key events, and detailed explanations with models and examples.
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