Which of the following statements suggests that property taxes might be progressive?
A) Higher- income people live in more expensive houses than do low- income people.
B) The proportion of income spent on housing tends to decline as income rises.
C) A large part of the property tax is shifted to renters,who typically have lower incomes than owners.
D) Inner city neighbourhoods often have higher property taxes than do the more affluent suburbs.
E) Elderly pensioners often live in their family homes after children have left.
Correct Answer:
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