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• Direct real burden. These are the harmful effects of a tax and are equal to the loss of welfare to the taxpayers and the society.
• Direct money burden. This is the amount of tax being paid by the tax payers to the authorities and is therefore equal to the tax collectrions.
• Indirect real burden. This causes harmful effects. For example a tax on a commodity which is shifted forward to the consumer raises its prices and may force consumer to reduce consumption .
• Indirect money burden. Thsese are the additional expenses incurred by the tax payers in remitting the taxes.
skilled writter answered the question on May 3, 2018 at 17:31
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