This is a contentious question, and I recommend not to waste time on this.
But let me share my reasoning.
With Proposition 13, if you bought your house 11 years ago for $75,000, your property tax would be approximately $914 a year (1 percent of $75,000 increased by 2 percent each year for 11 years); and if your neighbor bought an identical house next door to you for $200,000 this year, his tax would be $2,000 (1 percent of $200,000). Without Proposition 13, both you and your neighbor would pay $6,000 a year in property taxes (3 percent of $200,000).
Which of the following is the conclusion for which the author most likely is arguing in the passage above?
(A) Proposition 13 is unconstitutional because it imposes an unequal tax on properties of equal value. - out of scope.
(B) If Proposition 13 is repealed, every homeowner is likely to experience a substantial increase in property taxes. - "Every" at first is a hyperbolic for me. I'll hold.
(C) By preventing inflation
...
But let me share my reasoning.
With Proposition 13, if you bought your house 11 years ago for $75,000, your property tax would be approximately $914 a year (1 percent of $75,000 increased by 2 percent each year for 11 years); and if your neighbor bought an identical house next door to you for $200,000 this year, his tax would be $2,000 (1 percent of $200,000). Without Proposition 13, both you and your neighbor would pay $6,000 a year in property taxes (3 percent of $200,000).
Which of the following is the conclusion for which the author most likely is arguing in the passage above?
(A) Proposition 13 is unconstitutional because it imposes an unequal tax on properties of equal value. - out of scope.
(B) If Proposition 13 is repealed, every homeowner is likely to experience a substantial increase in property taxes. - "Every" at first is a hyperbolic for me. I'll hold.
(C) By preventing inflation
...
Statistics : Posted by Raman109 • on 21 Jan 2008, 14:59 • Replies 41 • Views 28638
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