Thread: Just how sick is the housing market?
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Old 03-25-2007, 12:10 PM
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tenzo tenzo is offline
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Quote:
Originally Posted by bjeebers View Post
Every time you give a tax abatement, you erode the city's tax base!!!!
Not true. Tax abatements are never given to reduce the the taxes on a place. they may defer an increase, but they do not erode the base.
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