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By Balance (anonymous) | Posted January 21, 2009 at 15:22:44
A Smith: property tax rates mean nothing. Property taxes are calculated by multiplying the assessed value by the tax rate, therefore it is not an excuse but fact. You can't look at one side of the coin.
Another note, the City presently gives 5 year tax breaks if you do something with a property in the downtown, it is called the Enterprise Zone program and has been around since 2001.
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