In 2011, the Cuban government enacted an 8 percent tax on the purchase of real estate, with

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In 2011, the Cuban government enacted an 8 percent tax on the purchase of real estate, with the tax “split by the buyer and seller” [Cave, 2011]. Is it likely that the tax will actually be split 50– 50 between buyers and sellers? Use an appropriate diagram as the basis for your discussion.

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Public Finance

ISBN: 978-0078021688

10th edition

Authors: Harvey Rosen, Ted Gayer

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