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December 9, 2014

UFT proposes to end tax break for rich absentee landowners to fund class-size reduction

UFT President Michael Mulgrew on Dec. 9 proposed that Albany close the tax loophole that allows wealthy New York City owners of coops and condos not to pay their fair share of real estate taxes. The revenue gained, he said, should be earmarked for reducing class size to 15 in the early grades, starting with the 100 neediest schools.

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