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TopicTax Equity and Revenue
ContentBefore an insurance company pays a damage claim on real property or personal property, they should be required to verify that the amount of claim being submitted is the same amount of value that has been reported to the County Tax Assessor. In the case of a corporation, it could be the amount that is claimed as an Asset on a Federal or State income tax form. These are reasonable proofs and some are on file in the County courthouses. It would be a fair way to raise revenue for the Counties, and fair to the taxpayer and insurance companies.
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