Explain how Indirect Taxes affects both Consumers and Producers in a Negative Way. -What does the Government gain?

-Indirect Taxes leads to the Price of Goods Increasing leading to a Contraction of Demand. Indirect Taxes affects both the Consumers and Producers -The CONSUMER BURDEN is the Rectangle made by the New Price and Old Price being the Length, and the New Quantity being the Width -The PRODUCER BURDEN is the Rectangle made by the Old Price Point and Price Point A. Price Point A is when Quantity is = to the New Quantity. The width is also the New Quantity Point -The Government gets Revenue from the CONSUMER BURDEN + PRODUCER BURDEN.