How to Build a Playground for Your Neighborhood with Equal Financial Burden

What is the best approach for the neighborhood to build the playground at the minimum (and equal) financial burden to its residents?

a. impose a tax on each resident

b. ask each resident for a voluntary contribution

c. provide a subsidy to each resident

Answer:

The best approach for the North Side neighborhood of Franburg to build the playground at the minimum and equal financial burden to its residents is to impose a tax on each resident.

Building a playground for neighborhood kids is a wonderful initiative that enhances community spirit and provides a safe space for children to play. In order to ensure that the financial burden of building the playground is distributed equally among residents, imposing a tax on each resident is the most effective method.

By imposing a tax on each resident, the cost of building the playground can be shared equitably among all 1,000 residents. This approach guarantees that each individual contributes an equal amount based on their ability to pay, resulting in a fair distribution of financial responsibilities.

Unlike voluntary contributions or subsidies, imposing a tax promotes transparency and ensures that all residents participate in funding the playground. It minimizes disparities in financial contributions and fosters a sense of collective ownership and responsibility within the community.

Therefore, by implementing a tax system, the North Side neighborhood of Franburg can achieve its goal of building a playground with minimal financial burden on its residents, creating a space where children can play, grow, and thrive together.

← Calculating ashton corporation s pennsylvania state tax liability Calculating the first year depreciation expense for equipment →