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But you can’t have your green spaces and your taxes too. They enjoy higher property values, and pay higher taxes as a result. Furthermore, these taxes are not “lost” - they are deferred. According to the article, that price took the form of deferred taxes, in the amount of $18.7 million, plus accrued interest to date of $14.8 million. Through this deal, it is getting revenue it would not otherwise receive, had it transformed the land into city facilities; it is getting higher revenue from local property owners whose home value has increased; and should the courses ever sell, they would have to pay back the deferred taxes, with interest. Apparently, city councillor Adrian Heaps is teed off about a “sweet” deal signed with local private golf clubs which has “lost” the city “more than $30 million” in revenue. Had the properties been turned into subdivisions, the cities would have reaped much more revenue from thousands of new homeowners - money that could have paid for the “public benefits” Mr. Heaps is kvetching about. Superior will be to click on right here or go to our formal website to know much more about gta 5 money hack. Money Making guide here.

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