Newsday.com - State/Region News: "Policy group champions reforms on tax-exempt properties
December 14, 2004, 2:25 PM EST
TRENTON, N.J. -- Government buildings, schools, churches and charities deprive the state of $90 billion a year in property taxes because of their exempt status, according to a new report calling for reforms.
The New Jersey Policy Perspective issued a report Tuesday seeking changes in the property-tax structure that exempted 13.5 percent of properties statewide in 2000, and more than 40 percent of properties in the cities of Newark, Trenton, Camden, New Brunswick and Orange. "
No comments:
Post a Comment