Question
Which of the following is a reason why people tend to dislike the property tax more than sales tax in the US? A. Since property
Which of the following is a reason why people tend to dislike the property tax more than sales tax in the US?
A. Since property tax is assessed in many separate transactions throughout the year, it is not obvious to people how much they are paying in this tax annually.
B. The assessment of the value of the base for a sales tax is very challenging administratively and hard for the taxpayer to understand.
C. Property tax bills are highly visible and salient (noticeable) to the taxpayer because they are less frequent and larger when they arrive than individual sales tax transactions, which is paid much more often and in typically smaller amounts as part of regular purchases.
D. General sales taxes tend to be progressive in impact, because the poor spend a smaller share of their income on consumption than do the rich.
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