Perhaps Florida could use legislation analogous to Proposition 13 which limits property tax increases to 2% per year. Tax increase limitation is especially appropriate for Florida as it is the retiree capitol of the country.
1978 California Proposition 13 - Wikipedia
Starting back in 2001 NM residential real estate taxes were limited to an increase of 3% per year. This provision does not apply to commercial property much of which is hit by what locally is known as "tax lightning" every two or three years. Owners of commercial property keep a wary eye out and file appeals which can take months to process. Some tax lightning is outrageous, doubling and tripling valuations.
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