Ocean City carousel and arcade could close under tax pressure

Posted | Contributed by coasterguts

This summer could be the last for Trimper Rides, which has operated a carousel and arcades in the heart of Ocean City's boardwalk for more than a century. Rising taxes and disagreement among shareholders of the family business could force a sale of the three-block parcel, family members say. Taxes increased $387,000 last year and $914,000 this year as the assessed value of the Trimper properties rose from $24 million in 2004 to $62.9 million this year.

Read more from WTOP/Washington.

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