Real estate

Forbidding real estate tax in Florida is given a grip by legislators

Desantis drove the idea for the first time in a social media post last month, but recorded it in his State of the State address on March 4.

“Although the values ​​of real estate in Florida have risen in recent years, this is an amount for taxpayers pressed by raising the property tax of the local government,” he said. “Escalend assessments have created a gusher of income for local authorities – and many in Florida have seen their budgets increase much further than the growth of the population. Taxpayers need lighting.”

Desantis equaled the concept of real estate tax to “renting the government” “simply to live in your own property.” He said that he was aware that legislators studied the issue to possibly bring them to the mood in 2026, which would probably mean a revision of the constitution of the State.

The legislative deliberation took place quickly, whereby the magazine reports that legislators have submitted several potential accounts on the issue, ranging from measures designed to completely withdraw the real estate tax, to those who can offer more targeted exemption for certain groups such as seniors.

The legislative power of Florida was adopted on Thursday A bill In a committee meeting that “the consideration of any change or improvement has been made in the ownership of Homestead to limit flood damage when determining the assessed value for tax purposes.

“Hurricanes and other storms that lead to flooding have caused billions of dollars in damage in all parts of Florida,” analysis reading the amendment. “Flood is one of the most common dangers of Florida and can be done at any time of the year. Flood insurance can help with recovery after a flood incident, but the insurance of most homeowners does not cover damage to the flood.”

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But another large engine of the growing opposition against rising real estate tax is the impact on the older population, a large and growing – segment of the total population of Florida.

“You see a Groundswell from opposition against real estate tax in general,” ald Loaded foundationAn international think tank. The return is “reminiscent of a wave of protest in the seventies and eighties those stamped notes, including Proposition 13 in California, activated that slaughtered the real estate tax,” said the report on the basis of Walczak’s input.

Wyoming, Kansas and Montana weigh methods in the same way for repeating real estate tax, he explained, but North Dakota voters last November a ballot paper rejected That would have eliminated real estate tax. Local media in that state reported that the ultimate nail in the coffin for the measure was the voter problems with regard to a disruption of both local and government services, because real estate tax is levied by local authorities.

In Florida a similar debate is on the rise, in which opponents say that the resulting loss for government services would make the residents of the state worse, not better.

State representative Anna Eskamani, a Democrat that represents Orlando and parts of the eastern flank, told the outlet that she could support targeted help for older Floridians, but said that an outright prohibition or dissolution of real estate tax would be a terrible idea ‘. It can also force the state to increase sales tax, she said.

Republican state Senator Don Gaetz also expressed skepticism and wondered what the local real estate tax could replace without the ability of voters to make contact with services.

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