Quote:
Originally Posted by OrangeBlossomBaby
All those county police departments are paid for by property taxes. Do away with property taxes, and you have to come up with the money from somewhere else. Tourism taxes are already being paid, you'd have to double those, maybe even triple them. And of course that means fewer people able to afford to dine out, visit, rent hotels or cars in Floridas, go to campgrounds, short-term rent anywhere in the state including AirBnB or Villages Lifestyle Visits, which means less money back into the county coffers, which means less money to pay for all those extra police they need to make up for the loss of the property taxes that did pay for them.
Now, if they want to impose a MODEST income tax - perhaps a 2% tax on gross income over the first $40k or 50k/year, that might work (the first $40/50k wouldn't be subject to that income tax at all, allowing the low and low-middle income folks to keep more of their hard-earned money)
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Exactly!
I think this is one of those " be careful what you wish for" situations.
Don't get me wrong, I don't love paying property tax. But the counties, cities and schools depend on tax money. So it's going to have to come from somewhere.
I like our Governor but this idea seems half baked to me. It sounds good on the surface, but in reality it's going to hurt in the long run.
Maybe giving retirees and residents under a certain income level a break on property tax would be worth looking at, not eliminating it.