[Kelevision]

Originally Posted by Pballer

My guess is from past history of the Save Our Homes law, Florida will screw over people who own houses here but are residents of other states by continuing to make them pay property taxes. People will continue to visit Florida even if the sale tax increases; witness the crowds at Disney even though they keep jacking up prices.

Fun fact. Disney parks make a significant amount of their money from Florida season pass holders.

[SoCalGal]

Originally Posted by Bay Kid

Taxes and insurance are a huge part of my living expense. Pay cash for your home, but the taxes can still take it from you.

That's the argument in that thread. With property taxes, you don't really own your home. You rent it from the government, and they take your home from you if you don't pay.

[Bearlythere]

Originally Posted by SoCalGal

That's the argument in that thread. With property taxes, you don't really own your home. You rent it from the government, and they take your home from you if you don't pay.

Instead of calling it Property Tax why don't we call what it is. It's a wealth tax. You buy something own it , you still have pay for it.

[Whatnext]

I have no idea how much it would bring in for Florida, but a dollar a gallon tax on all gas would raise a reasonable amount to offset reducing or getting rid of property tax. The State could give some tax relief to haulage outfits to keep distribution costs down. Then put an equivalent tax on electric cars, so they pay their share as well.

[TeresaE]

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.

Follow the discussion on the X platform. https://x.com/i/trending/1900738125510664398

I’m in the fence with this issue. On one hand, eliminating property taxes raises the question of what will replace that revenue. Sales tax is typically a regressive tax. That can be fixed by excluding sales tax on groceries and increasing taxes on luxury items like yachts.

On the other hand, I’ve known too many people who have lost their homes because they are equity rich and cash poor. In other words, all their wealth is trapped in their property, but they can’t access it because they have little to no income. No income equals no way to pay back a loan against the house. No property taxes could keep people in their homes.

One more nugget, everyone pays property taxes, even renters. They are just paying them for someone else.

[lpkruege1]

Originally Posted by CoachKandSportsguy

Excellent rebuttal to political pandering by the wealthy.

This is the age old dispute/battle/confrontation between individualism or collectivism.

Like do you want the cost of golf cart paths maintained from

1) a toll source?
2) spread amongst everyone for the lowest cost per resident?
3) pay a local tax on gasoline?
4) pay a registration fee per year on every golf cart?
5) flat tax versus graduated proportion?

How did the US get out of the depression? by taxing the rich a very high level, because that was the only source of money, with centralized distribution. .
but the rich weren't in dire straits and needing food and shelter.

Financially, its a source and allocation problem,
where the most expensive method is individual usage, and the easiest is a small amount per person, so anyone can use it without constraints. .

pick your poison, but trying to disrupt lots of everyday conveniences and stability leads to alot of chaos and opportunity to be exploited. .

each contributes to their proportion of the maintenance according to their means.

So, means testing for Social Security? For health insurance? At the gas pump? The grocery store? Buying a house, even if it's the same crappy government owned house? So, you are saying tax the rich, tax the corporations, Tax the people that made good life choices? Tax the people that worked lots of overtime, scrimped and saved for their house, drove an old car, and made do so they could retire comfortably? Tax the people that risked their life savings, their home, and everything else to start and run a business? Tax those that may have worked for years building their business for little or no pay? Tax those evil corporations that provide jobs to the rest of us? That invest in new technology to make a better product? Tax them for what? How much? Give it to who? That really sounds like socialism to me.

[Justputt]

We're going to pay, whether it's a VAT, property, etc., we'll end up paying. I think we're better off looking at what our state governments are doing and ask ourselves if that's appropriate. Are they doing more than necessary to keep us safe, good roads, fire protection, EMS, etc. If they are doing fluff stuff, then pull those programs and fund them on use taxes. i.e. got a boat, then let registrations fees cover boat launches (construction, repairs, etc.). Like to hunt/fish, then let hunting license fees cover those activities. Let those that live for spending sunny days on the beach (or make money from it (rental homes/condos/hotels/etc.) cover beach restoration/cleanup/etc. In short, let government tax us for all the things we ALL need and use, and a use tax for the extra stuff. Mainly, keep government only large enough to perform its necessary functions. My 2 cents... less tax.

[SaucyJim]

Originally Posted by lpkruege1

So, means testing for Social Security? For health insurance? At the gas pump? The grocery store? Buying a house, even if it's the same crappy government owned house? So, you are saying tax the rich, tax the corporations, Tax the people that made good life choices? Tax the people that worked lots of overtime, scrimped and saved for their house, drove an old car, and made do so they could retire comfortably? Tax the people that risked their life savings, their home, and everything else to start and run a business? Tax those that may have worked for years building their business for little or no pay? Tax those evil corporations that provide jobs to the rest of us? That invest in new technology to make a better product? Tax them for what? How much? Give it to who? That really sounds like socialism to me.

“From each according to his ability and to each according to his need.” — paraphrased, but this is evil at its core.

[ron32162]

Families and workers with low to moderate income that rent still pay property taxes. Its included in their rent. With no property taxes on property rents would go down.

[SaucyJim]

Originally Posted by Rocksnap

Last I checked, Disney is sucking wind, has been for at least several years, since they openly have shown their, er, less desirable interactions with American culture.
Their fun park sales & movie business has dropped substantially. Which is why they have raised their costs on other side businesses, like Hulu.
Property taxes tho are a bit unfair to homeowners vs renters. Some will say renters have property tax built into the rent. I dunno.

As a former landlord, I always looked to make a profit. That profit was after my house payment, property taxes, and homeowner’s insurance were tabulated. I can assure you that my renters were paying my property tax and insurance for me. I’m not taking a risk for zero profit.

[JRcorvette]

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.

Follow the discussion on the X platform. https://x.com/i/trending/1900738125510664398

Here is a YouTube video of a Real Estate Agent talking about this issue and the pros and cons of it.

https://youtu.be/fq-ES-5F69c?si=gwM21eYjlYBboZMV

[kkingston57]

Originally Posted by Kelevision

Fun fact. Disney parks make a significant amount of their money from Florida season pass holders.

Can't disagree, we go once a month and most of the cars have Florida license plates.

[Bill14564]

Originally Posted by SoCalGal

That's the argument in that thread. With property taxes, you don't really own your home. You rent it from the government, and they take your home from you if you don't pay.

That's the statement but it seems kinda weak. When I think of renting I think of renting an apartment, renting from airbnb, renting a home in the Villages, etc. I can sell my home whenever I like and eventually get a six-figure check. I doubt that attempting to sell a property that I am renting would be as lucrative.

The County needs revenue to pay for the services it provides (schools, police, fire protection, road maintenance, etc). It seems appropriate to collect that revenue from those that benefit from the services, the residents of the County. Charging by head or charging by home would make sense but homes are more stationary and easier to count. Taxing on the value of the home is less regressive.

We could talk about pay-for-play methods but one: the overhead on that would be tremendous; and two: it would quickly fall apart when parents are asked to pay an additional $12,000 per student after Villagers stop paying school taxes.

The biggest problem I see with eliminating property taxes is the intrusion of the State into local rule. If the county can't collect its own revenue then it will have to get the funds from the State. When that happens the State will impose conditions on the use of the funds. I dislike the idea of the State mandating how towns, cities, and counties must operate - one-size-fits-all rarely fits properly.

[Harold.wiser]

Originally Posted by CoachKandSportsguy

Excellent rebuttal to political pandering by the wealthy.

This is the age old dispute/battle/confrontation between individualism or collectivism.

Like do you want the cost of golf cart paths maintained from

1) a toll source?
2) spread amongst everyone for the lowest cost per resident?
3) pay a local tax on gasoline?
4) pay a registration fee per year on every golf cart?
5) flat tax versus graduated proportion?

How did the US get out of the depression? by taxing the rich a very high level, because that was the only source of money, with centralized distribution. .
but the rich weren't in dire straits and needing food and shelter.

Financially, its a source and allocation problem,
where the most expensive method is individual usage, and the easiest is a small amount per person, so anyone can use it without constraints. .

pick your poison, but trying to disrupt lots of everyday conveniences and stability leads to alot of chaos and opportunity to be exploited. .

each contributes to their proportion of the maintenance according to their means.

The US got out of the depression by taxing the rich? Sorry, but a country can NEVER tax itself to prosperity. That is a myth perpetuated by the people who want to tax you!!

The US pulled out of the Great Depression primarily due to the economic stimulus of World War II, which created massive demand for goods and jobs in defense industries, ultimately ending the decade-long economic crisis.

[pcbme]

I suggest Florida freeze the amount collected on property taxes. Any new funding would need other funding source it reallocation of resources.any new decisions pay average