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IPFS News Link • TAXES: Local

Mayor Cancels Rebates for Homeowners

11-5-2008 • NY Times

[now the election's over] Mayor Michael Bloomberg said he would immediately halt a popular $400 property tax rebate and he might need to raise the city’s personal income tax by up to 15% to help plug a budget shortfall expected to hit $4 billion

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Reported By Powell Gammill

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