Always equal to personal income

Always more than personal income

Equal to personal income minus direct taxes paid by household

Equal to personal income minus indirect taxes

The cigarette industry

The barber shops

The gasoline stations

Wheat farmers

Adam Smith

J. B. Say

Marshall

Ricardo

Capitalist economy

Socialist economy

Traditional economy

Mixed economy

There is no direct relationship between the tax payer and the government

Direct relationship between tax payer and the government

Tax base is income

The incidence and impact are on the same person on whom tax is imposed