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This video discusses the concept of real estate property tax. The video explains what real estate property taxes are and demonstrates how to calculate real estate property tax with an example. The video also discusses how real estate property taxes are an important source of revenue for public school districts, police and fire protection, and local governments. In addition, the video discusses how property tax re-assessments can lead to issues for people living on a fixed income, and how local governments have the power to seize a person's home as a result of unpaid real estate property tax.-
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