Suppose that a city mayor proposes to pay for the construction of public parks by implementing a
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Suppose that a city mayor proposes to pay for the construction of public parks by implementing a 10-year local sales tax. Some residents argue that the financing mechanism should instead be spread out over many more years, noting that a person who moves in 11 years from now would get to enjoy the parks but under the current proposal wouldn't pay for them. How should the mayor respond to this concern from the residents? PROVIDE CLEAR EXPLANATION
Related Book For
Advanced Accounting
ISBN: 978-1934319307
2nd edition
Authors: Susan S. Hamlen, Ronald J. Huefner, James A. Largay III
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