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Difficulty:
95%
(hard)
Question Stats:
41% (02:17) correct
59%
(02:21)
wrong
based on 3778
sessions
History
Date
Time
Result
Not Attempted Yet
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.
(B) If Proposition 13 is repealed, every homeowner is likely to experience a substantial increase in property taxes.
(C) By preventing inflation from driving up property values, Proposition 13 has saved homeowners thousands of dollars in property taxes.
(D) If Proposition 13 is not repealed, identical properties will continue to be taxed at different rates.
(E) Proposition 13 has benefited some homeowners more than others.
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.
(B) If Proposition 13 is repealed, every homeowner is likely to experience a substantial increase in property taxes.
(C) By preventing inflation from driving up property values, Proposition 13 has saved homeowners thousands of dollars in property taxes.
(D) If Proposition 13 is not repealed, identical properties will continue to be taxed at different rates.
(E) Proposition 13 has benefited some homeowners more than others.
12 Feb 2008, 05:09
Kudos
Bookmarks
I also picked D. But it is B.
+1 for Q
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?
"conclusion" is a "must be true" statement.
(A) Proposition 13 is unconstitutional because it imposes an unequal tax on properties of equal value. - "unconstitutional" is an additional information.
(B) If Proposition 13 is repealed, every homeowner is likely to experience a substantial increase in property taxes. - there are no visible contradictions. the best by POE.
(C) By preventing inflation from driving up property values, Proposition 13 has saved homeowners thousands of dollars in property taxes. - "preventing inflation" is an additional information.
(D) If Proposition 13 is not repealed, identical properties will continue to be taxed at different rates. - properties is generalization of houses (Please, correct me if I'm wrong). We cannot infer it from the passage. Is commercial property also taxed in different rates?
(E) Proposition 13 has benefited some homeowners more than others. - I'm not sure but it seems to be incomplete and "has benefited" is not clear here for me.
+1 for Q
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?
"conclusion" is a "must be true" statement.
(A) Proposition 13 is unconstitutional because it imposes an unequal tax on properties of equal value. - "unconstitutional" is an additional information.
(B) If Proposition 13 is repealed, every homeowner is likely to experience a substantial increase in property taxes. - there are no visible contradictions. the best by POE.
(C) By preventing inflation from driving up property values, Proposition 13 has saved homeowners thousands of dollars in property taxes. - "preventing inflation" is an additional information.
(D) If Proposition 13 is not repealed, identical properties will continue to be taxed at different rates. - properties is generalization of houses (Please, correct me if I'm wrong). We cannot infer it from the passage. Is commercial property also taxed in different rates?
(E) Proposition 13 has benefited some homeowners more than others. - I'm not sure but it seems to be incomplete and "has benefited" is not clear here for me.
17 Jan 2010, 02:53
Kudos
Bookmarks
D says:
"If Proposition 13 is not repealed, identical properties will continue to be taxed at different rates."
In the given stem, we have no proof of this statement. We have the word identical property being bought at a different rate but there is another factor next to it. One preoperty was bought 11 years and another identical property was bought this year. Hence even the time the house was bought is a factor involved and hence we cannot assume the if Proposition 13 is not repealed, it would tax identical properties at different rates!
And if you are considering the last statement as the bases for this answer, this won't be correct. As per last statement - "Without Proposition 13, both you and your neighbor would pay $6,000 a year in property taxes" it means
If No Proposition 13 ....... then Same Tax
But this doesn't mean that below statement is TRUE:
If Proposition 13.... then DIFF TAX.... - This cannot be true! Imagine if you and your neighbour have the same property. Even with Proposition 13 rule, you would pay same Tax.
Hence D is wrong...
B says - "If Proposition 13 is repealed, every homeowner is likely to experience a substantial increase in property taxes."
This is but obvious as the same is given in the stem. With Proposition, the tax would be $2,000. And if no Proposition then the tax would be $6,000... This would hold good for any property since with Proposition 13 it would be 1% of Property value of the first yr and without Proposition 13 it would be 3% of the property value
"If Proposition 13 is not repealed, identical properties will continue to be taxed at different rates."
In the given stem, we have no proof of this statement. We have the word identical property being bought at a different rate but there is another factor next to it. One preoperty was bought 11 years and another identical property was bought this year. Hence even the time the house was bought is a factor involved and hence we cannot assume the if Proposition 13 is not repealed, it would tax identical properties at different rates!
And if you are considering the last statement as the bases for this answer, this won't be correct. As per last statement - "Without Proposition 13, both you and your neighbor would pay $6,000 a year in property taxes" it means
If No Proposition 13 ....... then Same Tax
But this doesn't mean that below statement is TRUE:
If Proposition 13.... then DIFF TAX.... - This cannot be true! Imagine if you and your neighbour have the same property. Even with Proposition 13 rule, you would pay same Tax.
Hence D is wrong...
B says - "If Proposition 13 is repealed, every homeowner is likely to experience a substantial increase in property taxes."
This is but obvious as the same is given in the stem. With Proposition, the tax would be $2,000. And if no Proposition then the tax would be $6,000... This would hold good for any property since with Proposition 13 it would be 1% of Property value of the first yr and without Proposition 13 it would be 3% of the property value
