"As Colorado Slashes Funds For Education, Tom Cruise Pays $400 In Property Taxes"
"In Colorado, Gov. John Hickenlooper (D) is proposing a massive $375 million cut to education funding and proposing to close four state parks. Meanwhile, Tom Cruise, whose net worth exceeds $250 million, pays Colorado just $400 a year in property taxes for a 248 -acre property outside of Telluride that he purchased for $18 million..."
http://current.com/news"How does he do it? By manipulating a tax break designed to help struggling farmers"
Part I: "Colorado tax break intended for struggling farmers enriches developers, investors"
http://www.denverpost.com/news/ci_17549051_______________________________________________________________________________________
Part II: "In Colorado, some famous faces, names get ag-land tax breaks, too
Tom Cruise, Goldie Hawn, Walker Stapleton, Charlie Ergen considered 'farmers'"
By Nancy Lofholm
http://www.denverpost.com/news/ci_17553507?source=pkg