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Property taxes generally Select one: a. are less likely to be shifted in the long-run...

Property taxes generally
Select one:
a. are less likely to be shifted in the long-run than in the short-run
b. are borne entirely by the occupant of a house
c. fall entirely on the homeowner or landlord
d. fall on renters aw well as homeowners and landlords?

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Answers (2)

isaaq
4 months ago
Answer
c. fall entirely on the homeowner or landlord
Taxes are payable by property owners - there is no property tax charged to renters. A state tax commonly called "stamp duty" is assessed when is property is purchased or transferred. It is typically around 5% of the purchase price, payable by the purchaser.
Gaby
4 weeks ago
Answer
c. fall entirely on the homeowner or
landlord
Taxes are payable by property owners -
there is no property tax charged to renters.
A state tax commonly called "stamp duty" is
assessed when is property is purchased or
transferred. It is typically around 5% of the
purchase price, payable by the purchaser.
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