If the value of the piece of property decreases by 10% while the tax rate on the property increases by 10%, what is the effect on the taxes?

If the value of the piece of property decreases by 10% while the tax rate on the property increases by 10%, what is the effect on the taxes?

A. taxes increase by 10% C. there is no change in taxes
B. taxes increase by 1% D. taxes decrease by 1%

Jhun Vert Fri, 07/05/2024 - 06:27