MYTH # 10: The taxes or payments these wind companies will pay will all be “extra” money.
Fact: In similar locales, non-leasing adjacent landowners have experienced a significant drop in property values, in some cases 20-40%. The potential flight of landowners and reductions in the value of recreational, vacation home and retirement property could have a severe negative impact on tax revenues. And now there are concerns that the State would also reduce payments to towns and schools, claiming we’ll no longer need the money. |
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