Evaluate the following two statements.Do you agree?Why or why not?
a)“If the government taxes land,wealthy land owners will pass the tax on to their
poor errenters.”
b)“If the government taxes apartment buildings, wealthy land lords will pass the
tax on to their poor errenters.” explain clearly
I do not agree with either statement. It is possible that wealthy land owners or landlords may pass the tax on to their poorer renters, but it is not necessarily the case. It depends on the specific tax and the economic conditions of the area. For example, if the tax is relatively small and the area is experiencing a housing shortage, the land owners or landlords may not pass the tax on to their renters. On the other hand, if the tax is large and the area is experiencing an oversupply of housing, the land owners or landlords may pass the tax on to their renters. Ultimately, it depends on the specific circumstances of the area.
