Question

question 5
1 pts
one feature of state tax codes that has traditionally limited the impact of property tax credits in reducing the regressivity of state tax systems is that property tax credits had largely been available only to elderly residents, rather than being more generally available to other households operating on a fixed income. according to the itep, publication who pays?, what percentage of states now have some sort of income - based property tax credits or tax breaks?
10%
5%
40%
20%
90%

Explanation:

To answer this, we refer to the ITEP's "Who Pays?" publication. The correct percentage of states with income - based property tax credits or tax breaks is 40%.

Answer:

C. 40%