• 2022-06-05
    If the value of a piece of property decreases by 10 percent while the tax rate on the property increases by 10 percent, what is the effect on the taxes ?()
    A: Taxes increase by 10 percent.
    B: Taxes increase by 1 percent.
    C: There is no change in taxes.
    D: Taxes decrease by 1 percent.
    E: Taxes decrease by 10 percent.