Explain what general types of user fees

Assignment Help Business Economics
Reference no: EM131779490

Property Taxes are a major source of revenue for local governments, while user fees are frequently used by local governments as an alternative to unpopular property taxes. Address all of the following. (a) Explain the advantages and disadvantages of relying on the property tax from the point of view of BOTH a local government and a taxpayer. (b) Explain steps a local government can take to ensure property taxation is administered as fairly as possible. Now Assume your boss is the mayor and he/she asks you to devise user fees to help offset property taxes. (c) Explain what general types of user fees you would recommend (not recommending any is not an option) to offset property taxes and why. (e) Explain what some of the downsides might be with respect to generally relying more heavily on user fees than the property tax.

Reference no: EM131779490

Questions Cloud

Portfolio with a beta : You have a portfolio with a beta of 2.40. What will be the new portfolio beta if you keep 10 percent of your money in the old portfolio
Discuss what is the fair value of the pension plan assets : What is the fair value of the pension plan assets on December 31, 2002
Calculate the market value of this bond : Calculate the market value of this bond if investors are expecting a yield of 3% per year.
Global perspective in distributing its products or services : Describe the challenges faced by the company from a global perspective in distributing its products or services.
Explain what general types of user fees : Explain what general types of user fees you would recommend (not recommending any is not an option) to offset property taxes and why.
Prepare the entries in journal format to record acquisition : Prepare the entries in journal format to record the acquisition and, post to the general ledger accounts.
What is its discount-basis yield : Suppose the investment yield on 182-day T-bill is 4.79%. What is its discount-basis yield
Did company better utilize its investment in fixed assets : Did the company better utilize its investment in fixed assets to generate revenues in 2013 or 2012
Initial investment-basic calculation : Cushing Corporation is considering the purchase of a new grading machine to replace the existing one. The existing machine was purchased

Reviews

Write a Review

Business Economics Questions & Answers

  Writing intensive labor market economics class

Why is your topic important? What is(are) the policy(s) that you are going to discuss in your paper? Identify the relevant literature. This is for a writing intensive labor market economics class. I need about a page and a half meeting the above crit..

  The quantity demanded of lobsters

The quantity demanded of lobsters is 0,1,2,3,4,5, and 6. The derived total utility is 0, 15, 23, 25, 25, 22, and 12. Find: What is the marginal net utility (consumer surplus) when the market price is $ 4.00 a lb. Complete the table of the demand sche..

  Productivity falls relative to brazilian productivity

If the Brazilian demand for American exports rises at the same time that U.S. productivity falls relative to Brazilian productivity, then, in the long run, ________, everything else held constant.

  Profitability during the next ten years

Choose an industry sector in Zambia with which you are familiar and identify the elements in firms' macro environment that may affect their profitability.

  Affects the slope of the output demand curve

Determine how the following affects the slope of the output demand curve, and explain your results:

  Short-run phillips curve intersects long-run phillips curve

Assume that the economy is at the point where the short-run Phillips curve intersects the long-run Phillips curve, and that the Fed decides to lower unemployment. Graphically trace out the short-run and long-run effects of this policy decision. Expla..

  What price range is demand elastic

What price should the firm charge if it wants to maximize its revenue? Over what price range is demand elastic?

  Q1 do protectionist policies benefit producers consumers

q1. do protectionist policies benefit producers consumers workers or the government? explain. explain how the buy

  Concept into traditional business concern over profitability

In reference to the articles, discuss how firms incorporate the triple bottom line concept into traditional business concerns over profitability. Comment on how customers can influence firms to pay more attention to the preservation of the natural en..

  Q1 how do expectations of a near-term policy reversal

q1. how do expectations of a near-term policy reversal weaken fiscal policy based on changes in tax rates?q2. why are

  When calculating the total social marginal benefit

When calculating the total social marginal benefit of providing an additional unit of a pure public good, why is correct to simply add up the marginal benefit to each household of that public good?

  Under either gold standard or a pegged-rate system

Under either a gold standard or a pegged-rate system, what changes in the money supply are necessary in order for effective adjustment to take place? Why are these changes necessary?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd