Solution-Tax rate and the assessment practices of ms

Tax rate and the assessment practices of ms

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Reference no: EM132594646

Ms. Brown has a house assessed at $55,800 (62 percent of its sale value). Her tax is $3.25 per $100 AV. Mr. Barnes has a house assessed at $42,720 (48 percent of its sale value). His tax rate is $32.75 per $1000 AV. Using this information answer the following:

Who pays the greater tax?
How much greater?
Using the tax rate and the assessment practices of Ms. Brown's district, how much tax would Mr. Barnes pay?

Reference no: EM132594646

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Tax rate and the assessment practices of ms

Reference no: EM132594646

Reference no: EM132594646

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