Problem
Summarize the arguments about the regressivity or progressivity of the property tax. How might you attempt to verify which view is correct? What factors might make either of the two simple models, the excise tax on rentals or the tax on capital, less likely to predict the distribution of the tax burden in the real world?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.