Forum Chapter 4: Raise Tax Revenue (Due on February 6 at 10:55 p.m.)

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Suppose that the government needs to raise tax revenue. A politician suggests that the government place a tax on food because everyone eats and, thus a food tax would surely raise a great deal of tax revenue. However, since the poor spend a large proportion of their income on food, the tax should be collected only from the sellers of food (groceries stores) and not from the buyers of food. The politicians argue that this type of tax would place the burden of the tax on corporate grocery store chain and not on poor consumers. 1) Can the government legislate that the burden of a food tax will fall only on the sellers of food? Why or why not?Who in your opinion doyou think the burden of a food tax will tend to fall on, sellers of food or the buyers of food?

Important Instructions:

I expect you to READ the chapter first before you attempt to answer any questions on the discussion or forum. Please note that you are not an expert in the subject matter, your answers must come from the book, no subjective opinion only objective one, which it means, I expect you to answer by saying, it is mentioned in the book on page such and such or slide number XYZ..... Avoid using "I think or I believe" . Always rely on the book and cite your answers from the book.

**Important Information for Discussion Forum Topics:

For the student to earn the full 100 points for each Discussion Forum Topic, ALL must meet the following criteria:

1. Submitted posts in a timely manner and in step with the posted topic calendar deadlines. Professional presentation is required with no grammar, spelling or punctuation errors.

2. Made good use of the principles and concepts presented in chapter 4 readings.

3. Provided adequate support and justification from the chapter. Cite your work.

4. Applied a level of understanding expected of a college-level student.

5. When appropriate, additional examples were used to validate the responses given.