Retail giants like Target, Lowe’s, and Home Depot are fighting to pay less taxes.

When they win, schools end up losing billions of dollars, Edweek reported.

In what is often described as a tax loophole, these retailers utilize a legal argument dubbed the “dark store theory” to decrease their annual property taxes. They say that their taxes should be calculated as if their stores were vacant or “dark,” rather than when they are at full capacity.

Property taxes for retailers are most commonly assessed looking at the “best and highest use” of the store, so a fully functional store would be read more >>>

Source:: BusinessInsider.Com