US EditionFresh Start, Old Questions: New York City Resumes Tax Lien Sale
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Fresh Start, Old Questions: New York City Resumes Tax Lien Sale
The looming May 20 sale brings back into focus the needs and criticism for New York and other cash-strapped cities and states that sell off such tax debts to private collectors. Despite promises to reform and limit the impact on poor and nonwhite neighborhoods, this year’s delinquency rate and debtor details mirror New York’s last lien sale in 2021.
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