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Now THAT's a tax holiday

October 08, 2008

Most tax holidays are wimpy affairs - a weekend to buy some new clothes, or maybe a nice new gun.

Agency, Iowa doesn't care for this namby-pamby stuff. They're having a real tax holiday:

Each fiscal year, more than 600 residents living in Agency pay about $75,000 to the city in property taxes.

Until next July they'll pay zero dollars.

That’s because a string of errors left the state with no choice but to refuse authorization of any levy for the city.

Unfortunately for the currently flush citizens of Agency, the city plans to jack up taxes for the next seven years to make it up.

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