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10 May 2024, 01:23
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The GMAT doesn't ask questions like this, so there's no valid answer. They can ask for a conclusion, but that is when the conclusion takes the form of a provable inference. They aren't going to ask what the author is probably trying to get at. The raging opinions in this thread show exactly why not. If there's not one verifiable answer, it isn't a GMAT question.
24 May 2024, 12:09
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This is a contentious question, and I recommend not to waste time on this.
But let me share my reasoning.
With Proposition 13, if you bought your house 11 years ago for $75,000, your property tax would be approximately $914 a year (1 percent of $75,000 increased by 2 percent each year for 11 years); and if your neighbor bought an identical house next door to you for $200,000 this year, his tax would be $2,000 (1 percent of $200,000). Without Proposition 13, both you and your neighbor would pay $6,000 a year in property taxes (3 percent of $200,000).
Which of the following is the conclusion for which the author most likely is arguing in the passage above?
(A) Proposition 13 is unconstitutional because it imposes an unequal tax on properties of equal value. - out of scope.
(B) If Proposition 13 is repealed, every homeowner is likely to experience a substantial increase in property taxes. - "Every" at first is a hyperbolic for me. I'll hold.
(C) By preventing inflation from driving up property values, Proposition 13 has saved homeowners thousands of dollars in property taxes. - "How" is out of scope.
(D) If Proposition 13 is not repealed, identical properties will continue to be taxed at different rates. - Correct, but this is more of an observation against the conclusion, which needs to the implication of whether or not we have proposition 13.
(E) Proposition 13 has benefited some homeowners more than others. - Doesnt even take into account the "without proposition 13 scenario."
Option B, however, hyperbolic seems the best fit among the 5 options.
But let me share my reasoning.
With Proposition 13, if you bought your house 11 years ago for $75,000, your property tax would be approximately $914 a year (1 percent of $75,000 increased by 2 percent each year for 11 years); and if your neighbor bought an identical house next door to you for $200,000 this year, his tax would be $2,000 (1 percent of $200,000). Without Proposition 13, both you and your neighbor would pay $6,000 a year in property taxes (3 percent of $200,000).
Which of the following is the conclusion for which the author most likely is arguing in the passage above?
(A) Proposition 13 is unconstitutional because it imposes an unequal tax on properties of equal value. - out of scope.
(B) If Proposition 13 is repealed, every homeowner is likely to experience a substantial increase in property taxes. - "Every" at first is a hyperbolic for me. I'll hold.
(C) By preventing inflation from driving up property values, Proposition 13 has saved homeowners thousands of dollars in property taxes. - "How" is out of scope.
(D) If Proposition 13 is not repealed, identical properties will continue to be taxed at different rates. - Correct, but this is more of an observation against the conclusion, which needs to the implication of whether or not we have proposition 13.
(E) Proposition 13 has benefited some homeowners more than others. - Doesnt even take into account the "without proposition 13 scenario."
Option B, however, hyperbolic seems the best fit among the 5 options.
16 Dec 2024, 23:56
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C can be eliminated because of one for more reason. It says "By Preventing Inflation from driving up property values", whereas the property values have gone up, it's the property tax which haven't gone up substantially if Proposition 13 is implemented. Hence, C is factually incorrect.
I feel Option D & E are factually correct but this is not the main point because the last line says "Without Proposition 13, both you and your neighbor would pay $6,000 a year in property taxes (3 percent of $200,000)."
I feel Option D & E are factually correct but this is not the main point because the last line says "Without Proposition 13, both you and your neighbor would pay $6,000 a year in property taxes (3 percent of $200,000)."
walker
