Problem
Ruralville is suffering a 1% annual loss of population and property values. Even so, Ruralville must maintain its tax collections at a constant value of $3.2 million. If the inflation rate is 4.5%, what inflation rate in taxes for the remaining taxpayers is required for Ruralville to attain its goal?
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.