From the point of view of locality, increasing property taxes:

Question

Quizplus · Accepted Answer

Increasing property taxes will increase the cost of production for local businesses, which will ultimately lead to an increase in the price of locally produced goods (option A). Additionally, property taxes are paid by landowners in the community, which could lead to a decrease in their income (option B). However, it will not have any direct effect on buyers of locally produced goods from outside of the community, so option C is incorrect.

From the Point of View of Locality, Increasing Property Taxes