N.J. Shore Towns Resist State's Consolidation Push

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Oct. 29 (Bloomberg) -- Long Beach Island, New Jersey, is host to 150,000 vacationers at the height of the tourist season. Just 7,500 residents remain year round. Six local municipalities govern the 18-mile stretch of the Jersey shore and Governor Chris Christie is pushing consolidation in the state as a means to reduce New Jersey's highest-in-the-nation property taxes. That strategy is meeting resistance in the vacation mecca. Bloomberg's Kevin Thrash reports. (Source: Bloomberg)

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