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Yo_Mama_Been_Loggin

(120,809 posts)
Fri Feb 28, 2025, 09:41 PM Feb 28

Ron DeSantis Is Serious About Ending Property Taxes in Florida. Will It Work and Who Will Pay the $40 Billion Difference

Florida Gov. Ron DeSantis is doubling down on his push to eliminate property taxes in the state, raising questions about how key services would be funded if the effort is successful.

At a press conference on Monday, DeSantis reiterated his support for measures to limit or ban the collection of property taxes at the local level in Florida, which bring in more than $40 billion for the state each year.

“Just for being on your property, you’ve got to write a check to the government every year, so you’re basically paying rent to the government to live on your own property,” he said. “We’re going to be really looking at ways to bring people relief from that, because I think it’s been really something that’s pinching a lot of homeowners, particularly seniors on fixed income.”

-snip-

Florida already has a 6% general sales tax, and the Florida Policy Institute estimates that it would have to be doubled to 12% to make up the revenue shortfall from eliminating property taxes.

https://www.yahoo.com/lifestyle/ron-desantis-serious-ending-property-154756787.html

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Ron DeSantis Is Serious About Ending Property Taxes in Florida. Will It Work and Who Will Pay the $40 Billion Difference (Original Post) Yo_Mama_Been_Loggin Feb 28 OP
They don't have state income tax either, What happens if people cut back on spending? tulipsandroses Feb 28 #1
They expect the tourists to pay those taxes for them. Meadowoak Feb 28 #3
A good chunk of property taxes go to education. That's not a priority in many red areas. Silent Type Feb 28 #2
Sales taxes are regressive. I'm sure the multimillionaires Phoenix61 Feb 28 #4
"Serious" according to who? JoseBalow Mar 1 #5

tulipsandroses

(7,089 posts)
1. They don't have state income tax either, What happens if people cut back on spending?
Fri Feb 28, 2025, 09:47 PM
Feb 28

At 12% people would probably cut back on spending .Especially people that don't own property.

Phoenix61

(18,219 posts)
4. Sales taxes are regressive. I'm sure the multimillionaires
Fri Feb 28, 2025, 11:16 PM
Feb 28

will appreciate not having to pay property tax though.

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