The burden of a site value tax will be borne entirely by the site owner _____.
A) because the demand for land is elastic
B) when the site owner is forced to remit the tax
C) because the supply of land is completely inelastic
D) when the supply of land is unitary elastic
Correct Answer:
Verified
Q21: Phantom capital gains occur when _.
A)an asset
Q22: Site value taxation _.
A)taxes improvements to land
B)taxes
Q23: Capital gains taxation can be justified on
Q24: When deciding where to locate,businesses _.
A)will always
Q25: The double taxation of capital gains can
Q27: Severance taxes are collected on _.
A)estates
B)unemployment insurance
C)the
Q28: The value of tax land increases as
Q29: Which of the following is not true
Q30: The primary effect of an inheritance tax
Q31: The U.S.tax system currently levies taxes on
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents