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Uniondale Community Page
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| Why tax real estate property ? |
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This is the question that most real estate owners ask, ?why tax my property?? Even though there are drawbacks to taxing real estate property, the benefits of doing so often outweigh the perceived problems. The reason why local governments choose to impose real estate property taxes rather than raise the sales and/or income tax include: Real estate property taxes are easy to administer Real estate property taxes are predictable Real estate property taxes are somewhat protected in slow economies Real estate property taxes are the one single identifiable local revenue source for municipalities and schools. |