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What Is the Property Tax?
Incidence of the Property
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administration aged amount analysis annual areas assessed assets average bear benefits borne capital cause Census changes circuit breakers classes collected consumers consumption cost decline demand distribution economic effects elasticity equal erty estimates example exemptions expenditures fact families federal Finance fraction gains governments higher homeowners households housing importance improvements incidence income tax increase industries inequality Intergovernmental Relations investment Journal jurisdictions land less localities lower major market value measure Michigan Netzer normal income owners payments percent period present progressive prop property tax rates property values proportion question raise rate of return ratio real property reduce reform regressive relative relief rent renters reported require residential rise saving School shift Source Statistics structures studies suggests supply tax burdens taxable taxation tion United urban variables variations vary widely worth