The town of Dinsmore passed a bill requiring that all homes be connected to the town sewer system. Baskin Ridge is the only section of town that does not have town sewers. Dinsmore will finance the project by assessing each homeowner in Baskin Ridge $10,000, payable over a 10-year period.

Identify the tax issue(s) posed by the facts presented. Determine the possible tax consequences of each issue that you identify.