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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: RealMuLan who wrote (13947)10/24/2004 10:24:36 PM
From: BubbaFred  Read Replies (1) of 116555
 
Is there any annual tax on those properties in China? Or, is the contract every 75 years the equivalent of a tax. I thought it's 99 years. In US, property owners pay annual tax to local governments (county and state). The money is used to fund public schools, among others.
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