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It only wouldn't in an absurd rationalist homo economicus wet dream fantasy universe, where the current price is at a perfect equilibrium and costs have no impa
by wlievens 11y ago
It only wouldn't in an absurd rationalist homo economicus wet dream fantasy universe, where the current price is at a perfect equilibrium and costs have no impact.
- rahimnathwani 11y agoSo, we agree that basic microeconomic theory would suggest that property taxes which are independent of {actual usage, actual rents received} for a particular property. Right? You think the assumptions of the model don't hold, which is a reasonable belief. Can you point to any empirical evidence that might help us disprove the theory?