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The Garfields Were Surprised to Learn That the Ad Valorem

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The Garfields were surprised to learn that the ad valorem taxes on their personal residence have been increased for 2010.They have made no capital improvements to the residence and the property tax rate has not changed.Furthermore,they feel that property values have recently declined since several homes in the neighborhood are scheduled for foreclosure.What probably caused the property tax increase?

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Based on outdated market data,the taxing...

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