<Tr> <Td> <Ul> <Li> </Li> <Li> </Li> <Li> </Li> </Ul> </Td> </Tr> <Ul> <Li> </Li> <Li> </Li> <Li> </Li> </Ul> <P> In economics, tax incidence or tax burden is the analysis of the effect of a particular tax on the distribution of economic welfare . The introduction of a tax drives a wedge between the price consumers pay and the price producers receive for a product, which typically imposes an economic burden on both producers and consumers . The concept was brought to attention by the French Physiocrats, in particular François Quesnay, who argued that the incidence of all taxation falls ultimately on landowners and is at the expense of land rent . Tax incidence is said to "fall" upon the group that ultimately bears the burden of, or ultimately has to pay, the tax . The key concept is that the tax incidence or tax burden does not depend on where the revenue is collected, but on the price elasticity of demand and price elasticity of supply . </P> <P> The theory of tax incidence has a number of practical results . For example, United States Social Security payroll taxes are paid half by the employee and half by the employer . However, some economists think that the worker bears almost the entire burden of the tax because the employer passes the tax on in the form of lower wages . The tax incidence is thus said to fall on the employee . However, it could equally well be argued that in some cases the incidence of the tax falls on the employer . This is because both the price elasticity of demand and price elasticity of supply affect on whom the incidence of the tax falls . Price controls such as the minimum wage which sets a price floor and market distortions such as subsidies or welfare payments also complicate the analysis . </P>

Who pays taxes a short introduction to tax incidence
find me the text answering this question