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Will Texas beat Florida to the property tax idea?
We should all be aware that the governor and state house members want to eliminate property taxes for all of us. Texas just came one step closer to being the first.
The Texas House pushed forward a proposal Monday aimed at containing property tax bills by putting tighter restrictions on cities and counties. The legislation would further limit how much more in property tax revenue cities and counties can collect each year without voter approval. Under state law, that limit sits at 3.5%. The bill would take that limit down to 1%. Texas House OKs bill limiting city, county property taxes | The Texas Tribune Florida isn’t exactly sitting by, the governor’s idea to totally eliminate resident taxes has overwhelming support. Ron DeSantis Updates Florida on 2026 Plan for Property Tax Vote - Newsweek Which state will get it done first? Florida will rely on businesses and tourism taxes. Texas has taken the more streamlined approach. It should be interesting to see who comes first. |
TX is going to discover that inflation affects services the Govt purchases as well as the groceries, cable, and lawn mowing services the citizens purchase. A 1% cap on Govt spending sounds great until one of the services cut is the one that you depend on.
FL will have the same issue if they further cap revenue increases. FL will have a bigger problem if they eliminate property tax altogether. Sumter County alone will need to find an alternate source for $250M or about 50% of the budget. |
And our law enforcement will suffer.
We complain about speeders now, 466 and 466A will turn into a Autobahn but we'll be able to go to Costco and return faster. |
59 Million for Sumter Sherrif
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When this gets on the ballot, and it will, do you really see a majority saying they want to keep paying property taxes? |
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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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As far as property taxes go, there is no "this" to get on the ballot yet. There is a pitch by the Governor that few in the legislature are going to disagree with but it is only a pitch with no details behind it. When a real proposal is made that can be analyzed for its impact on services, then we'll see how many get behind it. If you go fishing with offers of free stuff you'll get a lot of bites, even when the end result is bad. |
I get the impression everyone wants to pay taxes? How about we stop giving away freebies and use that money for public services...
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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. |
Enjoy you 30% sales tax if this passes
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One way or another everyone is going to pay what they are paying now if not more. If Florida chooses to tax businesses heavily some will leave and others will raise the cost of their goods or services, county gas and home utilities will have higher taxes, investment properties will continue to pay property taxes so tenants will be getting paying more than homeowners as part of their rent is for the owners property taxes. Either services will be cut drastically or there will be a lot of taxation and or assessments going on. I would vote not to eliminate property taxes however I would like to see a limit on the amount that can be charged going forward.
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Right now a significant amount of the tax burden is on those who own real estate. Thus wealthier people. Of course renters end up paying some of that via higher rent as well.
But, consistent with the philosophy that poor people need to pay more so rich people pay less, certain people suggest getting rid of any tax which might hit the wealthy. Of course the money will have to be replaced. The easiest way to do that is to increase the sales tax which it is well known, hits low earners much harder as they spend (thus get sales taxed) on a much higher percent of their earnings than high earners who save thus not exposed to a sales tax. Tax burden the poor, line the pockets of the wealthy. Trickle up economics with a sledgehammer. |
We don't know the details but I would bet big investors who own so much property especially in Tampa would want to be included in this and for all we know lobbied for it.
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But there is
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The insult to injury was paying for yet more protection (15 additional positions) in the Sheriff’s Department while we carry much more in taxes paying for our increased police budget here in Wildwood. |
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1. Your tax funds pay little of the Sheriff budget and mine pay less of county funding of Wildwood items. It all looks the same on the tax notice but the money is used differently. 2. You live in the county so you pay for county services whether you use them or not. I live in the county so I pay for school teachers whether I use them or not. We all pay for maintenance of the roads around Webster and Mabel though few of us will ever drive on them. The county services cost less for each of us because we all pay for them. You get better police coverage because your Wildwood taxes fund fewer services leaving more for the Wildwood PD. 3. Disband the Wildwood PD and your county taxes will increase to plus up the Sheriff staffing needed to answer calls in Wildwood. 4. For the increased spending, you actually receive service from two departments while I only receive service from one. 5. If you live in Wildwood then you can be elected to the Wildwood city council and push to disband the PD and lower your taxes - be part of the solution. |
If you lived in Wildwood or Leesburg
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We see the justification for those taxes generally under their term “Economic Development.” Now we have the super cool parking deck for our thrift store and a beauty shop that houses a car or two per week. Of course because of “Economic Development” taxpayers to Wildwood paid 50,000 dollars per parking space in that lot. I know the Sheriff’s Department can respond to Wildwood needs, but Wildwood already has an over staffed police department. My point, there is waste, there is taxation redundancy. |
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but upsetting all kinds of planned budgets, both spending and raising money, has unknown unintended consequences. . lots of political idiocracy going around these days. . its expensive to move somewhere, both business and citizens, and then have all the financial rules change, and risk those movers fleeing and having the large shortfalls show up, disrupting the plans both citizens and business made for coming here in the first place. . citizens and business all want stability and predictability, especially retirees and businesses. . disrupting the reasons many moved here to political pandering, doesn't make alot of sense to me. . . when I can plan my spending to my income, knowing that i have a one time property tax payment, versus increased costs for who knows which activities or all activities. . so for every $5,000 of property taxes, what will be increased? business taxes = restaurant prices, clothing prices, retail prices, alcohol prices, airline tickets, cruise prices, disney prices, rental car prices, gasoline prices, etc. . . there is no free lunch people, no taxes, no services. . property taxes are predictable for county budgets, switching to activity base income can be variable year to year, and very hard to plan and budget for services. . . |
This all started with If you own your home outright, why should you be taxed on your property and it has sprouted out to so many thoughts. Everything else I buy and own isn't taxed, so why should my home be taxed if it is paid in full?
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No Property Taxes Would be a Huge Influx of Development
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One positive would be a booming real estate sector. Many would consider Florida as the place to move to or retire in. Further, financial institutions would see those 2.5 % mortgages paid off. Florida would explode with building and development. |
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unless you want the fire department to charge only the customers it services, so an EMT ambulance call will cost $6,000 or so, and if you say ok, fine, and my insurance will pick that up, well, your health insurance will go up to cover that payment. . . or not cover it at all public services are not free, this isn't a communistic country, its a mixed socialism/capitalism society, where some public service costs are socialized, such as roads, fire, police, and other local services. . |
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Yes, the county levies a small sales tax. If the property tax was replaced by an increased county sales tax then it would need to be raised from 1% to 6.5% making the overall sales tax 12.5%. Lake and Marion counties would love for that to happen. So if taxing the residents of Sumter County for the services provided by Sumter County is out, what would you propose as an alternative? |
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Most things you buy - are taxed. |
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Red light cameras.. ..
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Elections are coming up.
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Be cautious. You get what you pay for. Taxes pay for education, and many services to its people, too many to mention. Education in both states are lacking even though we are told otherwise. Just check the records for yourself.
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people over 65 should be exempt from paying property tax.
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Ain’t going to happen. Where would the $ come to replace this loss of income! Wishful thinking
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People who don’t live in City Pay More
I’m sure people who don’t live in the city pay more in county taxes than those that do. I know for a fact unincorporated Seminole County has a different tax rate than those of us who own property in Sanford. We pay city taxes and county taxes but the unincorporated sections have a higher county tax rate. If your county commissioners haven’t changed unincorporated verses municipality rates, they certainly can. Our village is in Leesburg and I’m fairly certain there are two different county rates.
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Property tax should be dropped for senior citizens who have lived in Florida and filed homestead exception for at least 10 year prior to be coming a senior citizen.
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