Local Politics (V)-Proposed sales tax hike for Dorchester Cnty Likely to Hurt Renters

If Dorchester County passes a local-option sales tax next week, the people most apt to be hurt are renters. The reason: Property owners who rent to them don’t always use their tax savings to cut rental rates, officials say.

But based on what has happened in Berkeley and Charleston counties where they have approved the tax, paying an extra one-percent sales tax doesn’t sting for many owners when compared with the benefits of the property tax credit they get.

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Posted in * Economics, Politics, * South Carolina, City Government, Consumer/consumer spending, Corporations/Corporate Life, Economy, Housing/Real Estate Market, Politics in General, Taxes