[NavyVet]

Does anyone know if the proposed property tax increase (whatever percentage it will be) is the Ad Valorem taxes, the Non-Ad Valorem taxes, or both?

[allenbccs]

I am moving there September 1st, one of the reasons is because of manageable property taxes.

[Topspinmo]

Originally Posted by Challenger

Be careful what you wish for , you may get it !
In this case a massive disproportionate impact on lower income families.

Probably get both.

[AzAuSenior]

For both of the tax items (10% sales / 25% property tax increase), the response seems clear. We must take citizen self-action. The sooner the better. There will be no other help.
We are a retirement state and our senior citizens are especially vulnerable to tax increases. Many are on fixed incomes or even worse have finite financial resources and can’t cope with double digit percentage cost increases. We can stop this process now to protect our future tax costs.
The state of Florida allows for referendum (Google: “Florida Referendum” for information on Florida State Referendum). We must take citizen action to make laws to protect ourselves as was done in California in 1978 with Proposition 13 (the People's Initiative to Limit Property Taxation). The 1978 Proposition 13 (Google: "1978 California Propostion-13" for information about Limit Property Taxation Referendum) is referred to as a “taxpayer revolt”. It was brought about by hefty tax increases.
We must protect ourselves, as was done in California, by using the Florida process for referendum to make legislation that protects the taxpayers from exorbitant tax increases as was done with the 1978 Proposition 13. We must modify Proposition 13 to suit our needs to protect taxpayers from current and future tax increases and pass the modified Proposition by Florida state Referendum.
The pressure is on. As more and more people relocate to Florida, state and local government will want to jump to the easy solution: raise taxes. A taxpayer referendum will stop this process. No more maneuvers like: raising the tax rate one year followed by raising the assessment the next year and then repeating the cycle to move tax increase passed the taxpayers. A modified form of Proposition 13 passed by Referendum in Florida will not allow a taxpayer’s bottom line taxes to be increased by a fixed amount as specified by the new Referendum.

[Bogie Shooter]

Originally Posted by AzAuSenior

For both of the tax items (10% sales / 25% property tax increase), the response seems clear. We must take citizen self-action. The sooner the better. There will be no other help.
We are a retirement state and our senior citizens are especially vulnerable to tax increases. Many are on fixed incomes or even worse have finite financial resources and can’t cope with double digit percentage cost increases. We can stop this process now to protect our future tax costs.
The state of Florida allows for referendum (Google: “Florida Referendum” for information on Florida State Referendum). We must take citizen action to make laws to protect ourselves as was done in California in 1978 with Proposition 13 (the People's Initiative to Limit Property Taxation). The 1978 Proposition 13 (Google: "1978 California Propostion-13" for information about Limit Property Taxation Referendum) is referred to as a “taxpayer revolt”. It was brought about by hefty tax increases.
We must protect ourselves, as was done in California, by using the Florida process for referendum to make legislation that protects the taxpayers from exorbitant tax increases as was done with the 1978 Proposition 13. We must modify Proposition 13 to suit our needs to protect taxpayers from current and future tax increases and pass the modified Proposition by Florida state Referendum.
The pressure is on. As more and more people relocate to Florida, state and local government will want to jump to the easy solution: raise taxes. A taxpayer referendum will stop this process. No more maneuvers like: raising the tax rate one year followed by raising the assessment the next year and then repeating the cycle to move tax increase passed the taxpayers. A modified form of Proposition 13 passed by Referendum in Florida will not allow a taxpayer’s bottom line taxes to be increased by a fixed amount as specified by the new Referendum.

The 10% was just a thought by the OP, nothing official has been proposed.
And the 25% proposal is up for discussion at public meetings.
Hold the pitchforks.

[hal195z]

The 25% everyone is talking about is an increase in the property tax rate not an increase in property taxes. The new rate if approved will add about $100.00 to your annual property tax bill.

[kcrazorbackfan]

Originally Posted by Challenger

Be careful what you wish for , you may get it !
In this case a massive disproportionate impact on lower income families.

Or get both......😳

[DianeBabin]

Those who live in Lake County already pay higher property taxes than Sumter and Marion Counties. Most of the businesses in The Villages are in Sumter and Marion Counties; therefore, those who live in Lake County will get a double whammy if the sales tax is raised to 10% instead of increased property taxes for Sumter County alone. Lake County residents will be paying their already higher property taxes as well as supplementing those who live in Sumter County. Raising the sales tax is not a good idea in my opinion especially for those on fixed incomes.

[pacjag]

There does not seem to be any evidence that a sales tax hike is being considered. The OP drew a comparison between the proposed property tax increase in Sumter county and a 10% sales tax, reasoning that the sales tax hike would have the approximate same effect as the property tax hike. So, please stop getting excited about something that does not exist.

[Chi-Town]

Originally Posted by pacjag

There does not seem to be any evidence that a sales tax hike is being considered. The OP drew a comparison between the proposed property tax increase in Sumter county and a 10% sales tax, reasoning that the sales tax hike would have the approximate same effect as the property tax hike. So, please stop getting excited about something that does not exist.

It is amazing how one post morphs into another and then down the line. Then there's the occasional "I don't want to hijack tbis thread but..." and then the original thought is like tears in the rain ( thanks Blade Runner).

Sent from my SM-N960U using Tapatalk

[Buckeye Bob]

Originally Posted by hal195z

The 25% everyone is talking about is an increase in the property tax rate not an increase in property taxes. The new rate if approved will add about $100.00 to your annual property tax bill.

The proposed tax increase will actually cost about $100 a year per $100,000 of valuation.

[Ben Franklin]

Anyone know if the county is collecting the full impact fees on new houses? No on sales tax increase.

[maryd64]

Sales taxes hit families hard because it is related to spending. Real estate taxes are assessed based on value or wealth. You might be better off with a sales tax increase but young working families would suffer more.

[DAVES]

Originally Posted by garyseitz

Just a thought, but I think a 10% sales tax would be close to the same out of pocket for me as a 25% property tax increase. What say you?

The facts are and have always been, everyone wants but no one wants to pay for it. The regularly hear let the government pay for it. We are government of the people for the people and by the people. Let the government pay for it is in the real world let me and my neighbors pay for it.

As to comparing a 25% property tax to a 10% sales tax. I relate what a friend said-they have so many ways to pluck the chicken that he does not realize he is bald.

Our fed speaks about a 2% desired rate of inflation. Most people say 2% is no problem. For those who think, that 2% is a TAX. Depending on your top tax bracket, if it is 30%, you need to make roughly 3% on investments, savings etc just to be even.

[DAVES]

Originally Posted by maryd64

Sales taxes hit families hard because it is related to spending. Real estate taxes are assessed based on value or wealth. You might be better off with a sales tax increase but young working families would suffer more.

First of all I don't think anyone has proposed a 10% sales tax mentioned in the OP.

As to the game and how it is always played by government. A 10% sales tax is proposed. After much screaming it comes in at 9% and the people cheer my politician worked hard for me and mad it ONLY 9%. We get had over and over and over again. It is over a 30% increase over what it is now and the people cheer.