11:49 am, Wednesday, February 27, 2013 -- Delinquent taxpayers are assessed interest rates of 18 percent on unpaid taxes.
If Fairfield has $1 million in delinquent property taxes, they can (and do) simply sell municipal bonds at less than 3 percent for the amount of delinquency.
Tax sales are only triggered when the value of the debt...
Delinquent taxpayers are assessed interest rates of 18 percent on unpaid taxes.
If Fairfield has $1 million in delinquent property taxes, they can (and do) simply sell municipal bonds at less than 3 percent for the amount of delinquency.
Tax sales are only triggered when the value of the debt...
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Letter: Delinquents editorial way off base
11:49 am, Wednesday, February 27, 2013 -- Delinquent taxpayers are assessed interest rates of 18 percent on unpaid taxes. If Fairfield has $1 million in delinquent property taxes, they can (and do) simply sell municipal bonds at less than 3 percent for the amount of delinquency. Tax sales are only triggered when the value of the debt...
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