I read about this in the LA Times. I did not know you can get a tax break if your a victim of Eminent Domain.
2 earlier posts re; land deals
---
Another L.A. Times Unfounded Slur on a Republican Politician
http://www.freerepublic.com/focus/f-news/1683172/posts
---
Official's Tax Break: on Firm Ground? (Eminent Domain claimed for tax benefits)
http://www.freerepublic.com/focus/f-news/1682989/posts
More examples that the present system is contorted, used, and abused - sort of like a kinky xxx-rated movie.
Providing that these allegations hold true, I say, "Screw him to the wall".
Annaheim, Asuza and...Rancho Cucamonga?
Well, what about the 300,000 or so other disputes over tax exemptions the IRS will deal with this year? What a beautiful system we have here. Its sheer brilliance and righteousness approaches a poetic mastery unmatched in fiscal achievement. Its simplicity is a work of art to regal the legislative eye. Its . . .