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Which one of the following helps explain why property taxes are regressive? Multiple choice question. The poor spend a larger percentage of their incomes for

Which one of the following helps explain why property taxes are regressive? Multiple choice question. The poor spend a larger percentage of their incomes for housing than do high-income families. Property tax rates rise in tandem with the incomes of property owners. Property tax rates fall in tandem with the incomes of property owners

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