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1.) A politician proposes a tax on each new house built in Pasadena. The tax will be charged to the land developer who builds the
1.) A politician proposes a tax on each new house built in Pasadena. The tax will be charged to the land developer who builds the house.The intent of the tax is to "punish the land developers for charging consumers too much for new houses".Why might the tax not succeed in accomplishing its intent?
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