Vervet County levies a real property tax based on the following schedule. $\begin{array}{rr}\text { Rate }&\text { Assessed value }\
38 & \$-0-\text { to } \$ 250,000 \
+18 & \$ 250,001 \text { and above }
\end{array}$ Which of the following statements is false?

Question

Quizplus · Accepted Answer

The given tax rates are in mills (per thousand), not percentages. Thus, without calculating the exact tax burdens and average rates, the statements about percentages cannot be directly compared to the mill rates provided. However, the statement about the marginal tax rate (C) is clearly aligned with the tax schedule, indicating a higher rate for values above $250,000, making none of the choices inherently false without further calculation.

Vervet County Levies a Real Property Tax Based on the Following