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Blue Cross: Plan nets roughly $4M in local taxes

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DETROIT (AP) — Blue Cross Blue Shield of Michigan said Thursday it could pay roughly $4 million annually in local property taxes with most going to the cash-strapped city of Detroit if the Legislature and Gov. Rick Snyder approve a proposed overhaul. Michigan's largest insurer estimates it would pay more than $2.6 million on four properties it owns in Detroit based on 2011 tax rates. The...

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