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Critical Reasoning (CR) | Re: California levies its real-estate tax as a percentage of a property's

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samarpan.g28 wrote:

Please help by providing the reasoning. Thank you in advance.

Tax = Value of Property x Tax Rate x No of Tax Payers

Only options left are (D) & (E)

If (D) is true, it means Value of Property & No of Tax Payers, what if the Value of Property is significantly low, then no of tax payers will not affect much....

On the other hand if Tax Rate is increased significantly, then even if the Value of Property is less, it will lead to higher Property Tax Collection...

Hence, (E) hold better.

Statistics : Posted by Abhishek009 • on 19 Dec 2023, 07:14 • Replies 2 • Views 333



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