D.C. Council backs controversial tax breaks

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The Washington Post reported in December that "The D.C. Council voted Tuesday to give millions of dollars in property tax breaks to a financially strapped developer and a Bethesda high-tech company that the Fenty administration hopes to lure to the city. Supporters hailed both tax abatements -- worth $7 million to CoStar Group over 10 years and $13 million over 20 years to Donatelli Development -- as economic tools to help revive the city's struggling office and residential markets."

Joseph Henchman at the Tax Foundation is not conviced that moving the companies the mile and a half from Maryland to D.C. will create more jobs for the city.

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