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Cities and towns all seem to favor property taxes as their primary form of revenue. Why is this? Group of answer choices Because they tend
Cities and towns all seem to favor property taxes as their primary form of revenue. Why is this?
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Because they tend to place an assessed value on property which is much higher than the actual market value .
Because the homeowners are unlikely to move to get better tax rates. Land and houses are not mobile. This provides the towns with almost a guaranteed income.
Because this is an old prejudice against landowners.
Because there is absolutely no chance of the cities getting any share of sales tax money.
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