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Efforts To Raise Commercial Property Taxes Gaining

November 17, 2009

They have fantastic names, “Protect Homeowners and Close Corporate Tax Loopholes Act” and the “Education and Taxpayer Fairness Act”, but the consequences could be pretty dramatic. The first would require reappraisals every three years on commercial property. The second would raise property taxes on commercial property by 55%. If any of these get the required number of [...]

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