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If the city continues to grant tax abatements to developers of upper-income housing, more funds will be made available for the building of low- and middle-income housing projects by the city. The experience of other municipalities has shown that when upper-income housing is created, the addition to the city tax rolls of the residents of such housing leads to a substantial increase in income tax receipts for the city. The newly generated revenues can then be put towards the construction of new low- and middle-income housing projects.
Which one of the following statements, if true, would most seriously weaken the argument above?
A The residents who occupy the newly constructed upper-income housing developments are already city tax payers.(Correct Answer)
B There is too little upper-income housing in the city to meet the needs of the
city's current upper-income citizens.
C The residents of the city's low- and middle-income housing projects contribute relatively little to the city's tax revenue.
D The idea of constructing new low- and middle-income housing is not consistent with the city's stated objective of "gentrifying" its poorer neighborhoods.
E Upper-income citizens of the city may demand a change in the city's tax codes if they realize how dependent the city is on them for its ability to build new housing projects
Which one of the following statements, if true, would most seriously weaken the argument above?
A The residents who occupy the newly constructed upper-income housing developments are already city tax payers.(Correct Answer)
B There is too little upper-income housing in the city to meet the needs of the
city's current upper-income citizens.
C The residents of the city's low- and middle-income housing projects contribute relatively little to the city's tax revenue.
D The idea of constructing new low- and middle-income housing is not consistent with the city's stated objective of "gentrifying" its poorer neighborhoods.
E Upper-income citizens of the city may demand a change in the city's tax codes if they realize how dependent the city is on them for its ability to build new housing projects
