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#16
11-14-2009, 10:56 PM
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| It's simple Tarheel, floating homes, even those that formerly were boats are more costly from a municipality services point of view and more importantly chew up huge chunks of tax revenue from waterfront properties that now must be listed waterview. Without the tax base, communities die. The premium properties bring in the largest portion of these taxes, so it's cutting your own revenue throat.  |
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