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Social ScienceSuppose the California legislature passed a sweeping law to lower the number of regulations forbuilding homes such as increasing the parking requirements and setback requirements.Suppose there is a housing tax. a. What is the effect of this law on the PES for housing? b. What effect would this law have on the tax burden for buyers?
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In this case sweeping law will empowers California government to make necessary law and give proper implementation of that law in their nation; hence, it gives power to California government to enact federal laws.
(a)
Here, California government wants to reduce regulations over building homes where California government charges a housing tax to fulfill those neces...
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