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A comment on Big-box retailers are slashing their property taxes through a legal loophole. Parent comment
Imagine two lots right next to each other going for a million, but it takes another $100k to set up the store and move in everything.
Walmart moves into one of the lots, then someone offers them 1 million and $1. They could switch lots and make $1, but the switch would cost $100k.
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Imagine two lots right next to each other going for a million, but it takes another $100k to set up the store and move in everything.
Walmart moves into one of the lots, then someone offers them 1 million and $1. They could switch lots and make $1, but the switch would cost $100k.