Eugene David ...The One-Minute Pundit |
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Monday, June 20, 2005
BLUNDER discovers a TAX BREAK! The fact that it doesn't mention a tax break means it's a HUGE tax break. Because the Presidio is a federal enclave, Lucasfilm and its subtenants will avoid most local and state taxes, including the payroll tax that provides San Francisco with 13 percent of its operating budget. Lucasfilm also avoided potentially millions of dollars in local development impact fees and property taxes. DARTH VADER indeed!
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