Re: New Tax Rate is Insane!
Posted by JCGuys on 2018/3/12 15:30:54
But that doesn't fit the narrative spread by Yvonne and others that the city loses money with tax abatements. In this case, the city is getting A LOT more than they would if there was no abatement. Not just in total taxes, but since the city doesn't have to split with PILOT payments with Hudson County and the School Board.
What's the breakdown anyway? Most of the property taxes goes to the school board, right?
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