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In the Traditional View, the Burden of the Property Tax

question 23

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In the traditional view, the burden of the property tax that falls on land that cannot be varied falls completely on the landowner.


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President Obama refers to Barack Obama, the 44th president of the United States, serving from 2009 to 2017.

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Tax cuts refer to reductions in the amount of taxes imposed by a government, which can affect individual and business taxes, potentially stimulating economic growth.

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Expenditures by the government sector on goods and services, including public services and government investment, but excluding transfer payments.

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A statistical measure that shows changes in the price level of a basket of goods and services over time, used to gauge inflation.

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