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Report: Taxpayers hurt by homestead credit removal

Published 01/27/2012, DL-Online

Over $400 million in new property taxes have Minnesota property owners reeling. While the range in local property tax increases across the state is wide and deep, a new non-partisan report provides even more evidence as to why property taxes payable in 2012 soared while property values plunged. The data also shows that rural Minnesota property owners were hit much harder than their metropolitan area counterparts.

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