[Bill14564]

Originally Posted by Harold.wiser

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!!

...

Where have I heard that before..... Oh yeah, from those who are amassing the wealth thanks to lowered tax brackets and loopholes.

If the 90% tax brackets were too far in one direction, the low brackets and loopholes we have now are too far in the other direction.

[ChilePepper]

Originally Posted by JRcorvette

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

Very informative. Thank you!

[Pballer]

Property taxes probably hurt renters more than owners. The Save Our Homes amendment limits annual increases in the assessed value of homesteaded properties to 3% or the Consumer Price Index (CPI), whichever is lower. Landlords have no such protection and must pass along their much higher property taxes to their tenants. I love to hear the bellyaching of homeowners who are paying $3000 property taxes on a house valued at $1,000,000 because the county is assessing their house that they bought 10 years ago at only $300,000. Florida has one of the most unfair property tax systems in the country and eventually it will catch up with it.

[Normal]

Just one tax is needed, a flat tax! Get rid of all the special interest garbage that makes our system so complicated and corrupt.

[Pugchief]

Originally Posted by kkingston57

That can change in a heartbeat. Tourists might opt to go to a different state if sales taxes go up. Sales tax would be the only way to replace property taxes.

Yes, because the first thing I do when planning a vacation is to check the local sales tax rate. And if it's 10% instead of 6.5%, that destination gets crossed off the list! [/sarcasm]

[Pugchief]

Originally Posted by OrangeBlossomBaby

I don't think they even care. I think they just want to push the "look at us, we have no property tax!" narrative to buy votes from the ignorant who don't think things through. And in Florida, there is no shortage of that.

Florida does not have a monopoly on that, in fact, I would argue it is much worse in some other states. YMMV. Regardless, no one forces anyone to move here and if someone dislike the way things are run here, I'm not sure why they wouldn't choose a place that is run more to their liking.

[Pugchief]

Originally Posted by kkingston57

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

(Almost) Everyone who flies to Orlando and rents a car gets FL plates. A FL plate in the Disney lot does not mean the driver is a resident.

[Pugchief]

Originally Posted by Bill14564

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.

Correct. Well said.

[Pugchief]

Originally Posted by Bill14564

Where have I heard that before..... Oh yeah, from those who are amassing the wealth thanks to lowered tax brackets and loopholes.

If the 90% tax brackets were too far in one direction, the low brackets and loopholes we have now are too far in the other direction.

Huh? You are upset that people are "amassing wealth" because tax brackets are too low? As far as I am concerned, taxes are too high. But if you feel you are not being charged enough, you are allowed to contribute more to the treasury. No really, and I have yet to see anyone actually do it.

[Bill14564]

Originally Posted by Normal

Just one tax is needed, a flat tax! Get rid of all the special interest garbage that makes our system so complicated and corrupt.

At the state and local level we have a flat tax now:
- state income tax is a flat 0%
- state sales tax is a flat 6%
- Sumter county sales tax is a flat 1%
- Sumter county property tax is a flat 1.01359%

What special interest garbage is making our state and local systems so complicated and corrupt?

[Aces4]

Originally Posted by Pugchief

Yes, because the first thing I do when planning a vacation is to check the local sales tax rate. And if it's 10% instead of 6.5%, that destination gets crossed off the list! [/sarcasm]

You may be surprised.

[Bwanajim]

Even if you do not have a mortgage, you will NEVER OWN YOUR HOME!! Property taxes should be abolished.

[kkingston57]

[QUOTE=Pugchief;2416511]Yes, because the first thing I do when planning a vacation is to check the local sales tax rate. And if it's 10% instead of 6.5%, that destination gets crossed off the list! [/sarcasm][/QUOT

Used the word MIGHT opt to go elsewhere.

[kkingston57]

Originally Posted by Pugchief

(Almost) Everyone who flies to Orlando and rents a car gets FL plates. A FL plate in the Disney lot does not mean the driver is a resident.

Agree and all rental cars in Florida do not have Florida tags,

[kkingston57]

Originally Posted by Bwanajim

Even if you do not have a mortgage, you will NEVER OWN YOUR HOME!! Property taxes should be abolished.

What does the fact that you paid off your mortgage have to do with your property taxes? What source of revenue is going to pay for police, fire, schools, roads, etc?