Loopholes let billionaires duck NYC property tax |

The rules for tax on NYC condos is so sinister and stultifyingly boring that it's not really surprising that they disguise a raft of loopholes that let the richest New Yorkers duck the property taxes that keep the city running.
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http://feeds.boingboing.net/~r/boingboing/iBag/~3/C2I4XuH1jYk/loopholes-let-billionaires-duc.html
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