In the new view, assuming property tax can be approximated as a uniform tax, the burden falls entirely on owners of capital.
A)True
B)False
C)Uncertain

Question

Quizplus · Accepted Answer

In the new view, assuming property tax can be approximated as a uniform tax, the burden falls entirely on owners of capital because the tax is levied on the value of property, which is owned by capital owners.

In the New View, Assuming Property Tax Can Be Approximated