Slashing taxes and taking a hands-off approach to governance attracted thousands of residents to places like in Lake Wylie, South Carolina. But politicians neglected to spend money on critical infrastructure, and now the Republican-led county council has placed a 16-month moratorium on all new development. The York County Council said that the town, where the population has tripled since 2000, needs to get a better handle on growth, the Wall Street Journal reported. Several years
source https://therealdeal.com/2020/02/08/the-high-cost-of-low-taxes-south-carolina-town-bans-all-development-for-16-months/
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