Springsteen and Bon Jovi are also gaming the system in New Jersey by claiming special ‘farm exemptions’ in order to avoid paying the typical taxes on their property.
Thanks to a tax exemption for beekeepers Bon Jovi pays a paltry $104 dollars on 6.8 acres of land in Monmouth County.
Springsteen also found a favorable exemption to help him avoid the standard tax rates on the 200+ acres he uses as a buffer zone around his three-acre home. Because an organic farmer works part of the land, Bruce is charged less than $5000 each year.
Perhaps We Should Close Tax Loopholes for Entertainers Like Bruce Springsteen & Jon Bon Jovi
Current Status: Published/No Action (12)
Seeded on Wed Aug 3, 2011 9:12 AM
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