Mr. Smith has a house assessed at $51,000 (60 percent of sale value). His tax is $3.50 per $100 of AV. Mrs. Jones has a house assessed at $35,550 (45 percent of sale value). Her tax rate is 36.2 mills . From the following information , answer the following :
Who pays the greatest tax ?
How much greater?
Using the tax rate and the assessment practices of Mr. Smith's district, how much tax would Mrs. Jones pay?
2007-07-21
09:40:05
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1 answers
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asked by
sharon s
1
in
Business & Finance
➔ Other - Business & Finance