Suppose Toronto adopted a tax on land value instead of a property tax (while collecting the same

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Suppose Toronto adopted a tax on land value instead of a property tax (while collecting the same revenue). Would downtown parking become scarcer? Would the reform in Toronto have an effect on the value of land in nearby Hamilton? Explain.

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Public Finance In Canada

ISBN: 9781259030772

5th Canadian Edition

Authors: Harvey S. Rosen, Ted Gayer, Jean-Francois Wen, Tracy Snoddon

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