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Resource ID: #24893
Subject: Taxes
Source: Asbury Park Press (Neptune, N.J.)
Affiliation: 
Date: Dec. 5-12, 2010

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Description

This investigation into New Jersey's highest-in-the-nation property tax system found that it is forcing people out of their homes, fueling the big business of tax lien sales, forcing homeowners to pay billions in extra taxes because of the faulty assessment system. Loopholes in the law allow billionaires and land developers to get a 98 percent tax break.

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