Sentences with phrase «estate costs the taxpayer»

The government estate costs the taxpayer an estimated # 6 billion a year, with # 1 billion spent by central government on office property alone.

Not exact matches

For example, in the early 1990s, Lloyd Williams, a political and business associate of Inez Dickens and her father dating back at least to the 1970s, and head of the Greater Harlem Chamber of Commerce and its development arm the Greater Harlem Housing Development Corporation, presided over a disastrous sweetheart real - estate deal with the City that wound up costing the taxpayers almost $ 4 million.

«The stench of corruption emanating from City Hall remainswith a record number of misconduct investigations into Mayor de Blasio (D - Corruption) at a cost of millions of dollars to taxpayers,» Republican real estate exec Paul Massey, who is running for mayor, said in a mocking email.

Imagine's schools are often involved in real estate deals that enable the company to expand while burdening individual schools — and therefore taxpayers — with high rental costs.

Suburban REALTORS Alliance Position The Alliance is opposed to increases in the current transfer tax for the following reasons: 1) As the transfer tax is levied only on buyers and sellers of property, the burden per taxpayer is greater than the burden from a more broad - based tax designed to generate the same amount of revenue; 2) Since public transportation is a benefit that is open to all members of society, the charge should not be placed solely on buyers and sellers of property; 3) The transfer tax adds additional burdens on first - time home buyers saving for a down - payment and covering the closing costs and runs contrary to existing federal, state, and local programs including the mortgage interest deduction, low interest property maintenance loans, and grants to first time homebuyers; 4) A real estate transfer tax is a state and local tax assessed on real property when ownership of the property is exchanged between parties.