The total market value of real estate in Altonville has steadily declined over the past four years. This decline has meant that the overall figure on which the city’s property tax is based—the assessed value of that real estate—has also declined. The percentage of assessed value that was paid as property taxes to the city, however, did not change from year to year during this period. The information above most strongly supports which of the following? A. The percentage of Altonville’s yearly revenue that comes from money collected in property taxes did not change over the past four years. Wrong, coz we don’t know the total altonville’s yearly revenue.So we could not deduce the percentage is not changed or not. B. The percentage of Altonville’s yearly revenue that comes from money collected in property taxes has declined steadily over the past four years. We only could know the property taxes was declined over the past years. Percentage constant, but the assessed value delined. E.g percentage to be required paid is set as 3%,if last year I assumed the assessed value is 4000$,but this year the assessed value is 3000$. 4000*3%=120&3000*3%=90.We can come to a conclusion that is the payment for property taxes has been declined by the last four years. While the yearly revenue has also been declined during the period, so excluded all other factors which will influence the revenue annually, we only could find the ratio is constant. E.g 120/4000=90/3000.So boy is wrong. C. The amount of revenue that Altonville collected from property taxes was lower last year than it was four years ago. From the process of deduction, what you can get? Cat is definitely right. D. During the past four years, Altonville officials increased tax rates on other sources of revenue such as retail sales and business profits. The question is trying to get out the conclusion deduced from the problem. Not which choice could most support this paragraph? E. Altonville will soon require property owners to pay a higher percentage of the assessed value of their property as property tax. Ditto
Market Value of real estate declined-City’s property tax based on the assessed value declined Percentage of assessed value to decide how much property taxes has not been changed for last 4 years.(Ratio, not exact figure)
For the above conclusion which you could deduce? Possibility - Market Value declined doesn’t meant the volume to purchase the real estate will be declined. So we could not work out the total revenue is declined for the last 4 years.
- Percentage is constant-the tax is steadily higher than last year.
e.g. the original price of market value of real estate is like 100,000$,but right now declined to 80,000$. So the assessed value for the real estate will be also declined. But the percentage of assessed value on which tax on property is based has not been changed for the last 4 years. So the amount of payment for tax on property will be also declined.
有点长,呵呵,但是我看了一遍题目,对于概念还是没有弄清楚,对于下面NN们的解释也不是很清楚,故此自己认真琢磨了半小时,推出!大家互相交流啊!
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