Quote:
Originally Posted by SoCalGal
Lawmakers in Pennsylvania and Florida are contemplating the elimination of property taxes, igniting a debate on the fairness of taxing owned property. Critics argue that property taxes are essentially a form of rent to the government, with many advocating for their complete abolition. While some propose exemptions for seniors, others argue against special tax breaks for any group, including seniors, due to their perceived financial stability. Alternatives like increasing local sales taxes have been suggested to replace the revenue lost from property taxes. This discussion reflects a broader reevaluation of tax systems in the U.S., focusing on the principles of ownership and taxation.
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Would create a huge can of worms. Florida(by law) can not have an income tax. Only other tax would be a sales tax, Bet it would take an increase to 9-11% to make up the difference. A lot of people would think harder about vacationing in Florida with that amount of sales tax. People move to Florida because of low taxes. Why change something that is not broken?