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New York - As Value of Homes Drop Owners Challenge Property Tax Bills

Jul 05, 2009 at 12:17 PM

New York - Homeowners across the country are challenging their property tax bills in droves as the value of their homes drop, threatening local governments with another big drain on their budgets. The requests are coming in record numbers, from owners of $10 million estates and one-bedroom bungalows, from residents of the high-tax enclaves surrounding New York City, and from taxpayers in the...

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