Consider the King-Fullerton analysis of the taxation of income from capital as applied to owner-occupied housing. Use
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Consider the King-Fullerton analysis of the taxation of income from capital as applied to owner-occupied housing. Use the same model and numerical magnitudes as in the text. What would happen to the effective tax rate on implicit rent if the income tax rate in the U.S. were increased from 0.3 to 0.4?
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Related Book For 
Urban Economics And Real Estate: Theory And Policy
ISBN: 9781621577706
2nd Edition
Authors: John F. McDonald, Daniel P. McMillen
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