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Bad neighbors not welcome
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1 Articles
Bad neighbors not welcome
By Erich Hartmann Last week we found out that Port Royal’s largest apartment development, The Preserve, will no longer pay local taxes. That’s right. Thanks to a glaring loophole in a state law, Beaufort County is now out roughly $260,000 in tax revenue; Beaufort County School District is out roughly $726,000, and the Town of Port Royal is out around $350,000, about 6% of its total tax collections. It cannot be overstated: this is a huge deal. E…
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