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Under the same tax policy, if the government increases its mill rate by 3%, but market values drop by 3% at the same time, what
Under the same tax policy, if the government increases its mill rate by 3%, but market values drop by 3% at the same time, what will happen to the total taxes collected by the government? Total taxes collected will remain the same. Total taxes collected will increase. There is not enough information provided to answer this question. Total taxes collected will decrease
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