Question

Jack currently owns his house and a property tax is imposed that requires 10% of the property value to be paid each year into the future as a tax. Jack sells his house to jill who intern sells it to tim two years later. Considering capitalization who is likely to bear the most burden of the property tax?

Answer 1

property tax is no such important but still required for increasing capital

Answer 2

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$\huge\boxed{Answer}$✏️✏️✏️

⚫️Property tax is no such important but still required for increasing capital