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The residents of mobile home parks own their dwellings and rent land from absentee landowners. Consider a city in which all land is currently occupied
The residents of mobile home parks own their dwellings and rent land from absentee landowners. Consider a city in which all land is currently occupied by mobile home parks.Suppose the city government imposes a 50% tax on land, to be paid (in legal terms) by the person who occupies the land (the tenant). Who actually pays the tax?
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