Question 1: The property tax rate in Maricopa County has been persistently and noticeably lower than that in Pima County. Assuming the public service level and housing market value are fairly comparable in both counties, and based on what you know about how the property tax is arrived at (i.e. assessed value multiplied by the tax rate), then what might account for this discrepancy in tax rate between the two counties? (Population size shouldn’t be a factor, as we are looking at rate differential, not differential in total tax collection.)
Question 2: With Arizona’s corporate income tax, for the apportionment formula, the state allows for the option of either singles sale factor or double sales factor. Can you think of scenarios in which some companies may prefer one to the other?
Question 3: Why is it that all the major cities rely primarily on sales tax and all the school districts rely primarily on property tax as their own-source revenue?
Question 3 Why is it that all the major cities rely primarily on sales tax and all the school districts rely primarily on property tax as their own-source revenue?
