What Are the Pros and Cons of the Following State

question 41

Essay

What are the pros and cons of the following state and local tax provisions?
a.An ad valorem property tax holiday made available to a manufacturing plant that is relocating.
a.Such a holiday is designed to attract new industry to the area.This will bring more jobs and growth in consumption.On the other hand, if the tax holiday is too generous, this places a strain on available public revenue.The result could
b.Hotel occupancy tax and a rental car surcharge.
c.A back-to-school sales tax holiday.

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Definitions:

Personality Disorders

A group of mental disorders characterized by enduring maladaptive patterns of behavior, cognition, and inner experience.

Aversive Therapy

A behavioral treatment method that involves using unpleasant stimuli or discomfort to reduce or eliminate undesirable behaviors.

Impulsivity

The tendency to act spontaneously and without thoughtful consideration of the consequences.

Selective Serotonin Reuptake Inhibitor (SSRI)

A class of drugs typically used as antidepressants that function by increasing levels of serotonin in the brain.