Local property tax policy generally has a small effect on the property tax base.
A) True
B) False
C) Uncertain

Name: Local property tax policy generally has a small effect on the property tax base. A) True B) False C) Uncertain
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Question

Quizplus · Accepted Answer

Local property tax policy can have a significant effect on the property tax base. For example, high tax rates may discourage investment or lead to property devaluation, while tax incentives can attract development, thereby affecting the size and value of the tax base.

Local Property Tax Policy Generally Has a Small Effect on the Property