Determine the pros and cons of the property tax


Many economists claim that property tax is the superior tax for municipal governments. Do you agree or disagree? Determine the pros and cons of the property tax? If you were advising a city with respect to the property tax and discuss how much the city should rely on property tax revenues, what factors should you consider? Discuss how does your answer change if we are only talking about California?

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Macroeconomics: Determine the pros and cons of the property tax
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