Property tax breaks trim Detroit's revenue: "DETROIT A newspaper's analysis says Detroit loses more than 63 (M) million dollars a year in revenue because of property tax breaks for people moving into new houses, condominiums and lofts.
The Detroit News says the tax breaks have cost the city and Detroit Public Schools more than 400 (M) million dollars since 2000.
City planners say the tax breaks are necessary because Detroit's property tax rate can make living in the city unaffordable.
Maybe someone ought to be lookin' at who gave the taxbreaks and who got the tax breaks? Hmmm......
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