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Resource ID: #11061
Subject: Real Estate
Source: News Journal (Wilmington, Del.)
Date: Sept. 22



The News Journal reveals that a property tax abatement program meant to aid small family farmers has become a tax dodge for real estate developers, wealthy families and big companies; a poorly written law and lax enforcement allows estate owners to reserve large tracts of private land off the tax rolls and helps developers and corporations avoid paying thousands of dollars a year in taxes.

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