Economics Module 8 DQ 1
Economics Module 8 DQ 1.
One response to revenue-raising limitations being placed on local government is to delete exemptions. In the textbook, P. S. Flores offers the following examples of welfare and charitable groups enjoying property-tax exemption: YMCA, fraternal clubs, chambers of commerce, labor unions, the American Legion, Masonic lodges, orphanages, humane societies, hospitals, and retirement and nursing homes. Which exemptions would you delete? How would you justify it?
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