Charleston · Tax

What would it take to actually tax luxury Meggett properties fairly?

Taxing a high-value Meggett property comes down to the same mechanism as any other home: the county assessor sets a value based on the property, and the millage rate the county, city and school district set each year determines the bill from there. There is no separate luxury property tax category or rate under South Carolina law, so a higher-value home simply pays more in dollar terms at the same rate structure as any other home. Whether that structure taxes high-value properties fairly is a policy debate rather than a settled fact. Brian Beatty can walk a Meggett owner through how their specific assessment was reached.

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