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Your community has a need for $1,000,000 in property taxes to fund operations. It has 1000 homes in the jurisdiction. Explain the positives and negatives of the following options for taxing the residents and include some examples of how it would affect homeowners: 1. Each property owner in the community pays an equal share of the property taxes ($1000 per year). 2. The communi
Your community has a need for $1,000,000 in property taxes to fund operations. It has 1000 homes in the jurisdiction. Explain the positives and…