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What Are the Pros and Cons of the Following State

Question 194

Essay

What are the pros and cons of the following state and local tax provisions?
a. An ad valorem property tax holiday made available to a manufacturing plant that is relocating.
b. Hotel occupancy tax and a rental car surcharge.
c. A back-to-school sales tax holiday.

Correct Answer:

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a. Such a holiday is designed to attract...

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