VIDEO: Closed Casino Taxes Put AC Further in the Hole


ATLANTIC CITY - As if the casino closings in Atlantic City weren't bad enough, the problems just seem to keep coming.
The bankrupt Trump Entertainment Resorts owes more than $12 million in back taxes. Nearly 10% of the city's budget. The shuttered Revel also owes unpaid taxes, and the city plans to hold a tax sale next month that could lead to an investor, or the city itself, foreclosing on the properties.

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