June 28, 2016

Bloomberg BNA: Property Tax Post: Homestead Tax Exemption Fraud is on the Rise, but Lawmakers Are Cracking

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“The Institute on Taxation and Economic Policy explains that flat-dollar exemptions usually benefit low-income homeowners as they exempt “a specified dollar amount from the value of a home before a tax rate is applied,” where “percentage exemptions provide the same percentage tax cut to homeowners at all income levels.””

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