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Author Question: Local governments wanting to keep their tax base from eroding away should choose _____. a. income ... (Read 100 times)

WWatsford

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Local governments wanting to keep their tax base from eroding away should choose _____.
 
  a. income taxes
  b. sales taxes
  c. property taxes
   d. excise taxes

Question 2

Lump sum taxes _____.
 
  a. are difficult to model theoretically but easy to apply
  b. have a small excess burden
  c. have no welfare cost
   d. require perfectly elastic demand curves



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softEldritch

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Answer to Question 1

c

Answer to Question 2

c





 

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