![]() |
Quote:
Rider (legislation - Wikipedia) |
Quote:
"In a time of deceit telling the truth is a revolutionary act." And.... "We know that no one ever seizes power with the intention of relinquishing it." |
Quote:
|
As the original poster for this topic, I appreciate the comments.
|
My summary of what I have read from posts is that amendment 1 incrementally increases the homestead exemption up to $75,000 from $50,000. The increase starts at a home valued at $100,000 and stops at $125,000.
Amendment 2 affects non homestead properties only. Currently, they are protected from annual increases exceeding 10% . A yes vote would keep protection at 10% while a no vote eliminates protection. So assuming that our local government expenses are necessary, the additional exemption on homestead properties will reduce needed revenue at current tax millage rates and will require tax increases on some properties. Amendment 2 clears the path to unlimited tax increases on non homestead properties. (isn't the 10% limit bad enough). Another way to get the added revenues to increase the millage rate on homestead eligible properties. That would cause taxes to increase on all homes assessed at less than $100,000. I am a conservative but it seems to me that would be wrong to increase the tax on those least able to afford it so I can get a decrease. This is caused by the stepping stone practice on the Homestead exemptions. Why wasn't the new exemption initiated at a lower evaluation? ie $75,000 to $100,000. I understand that would be even more revenue lost but it illustrates the possible lack of equity on this amendment. Easy to say yes for a benefit that favors me. Easy to say yes to pass the higher taxes to someone else. Just another perspective. |
Quote:
|
I am going with straight "NO" votes. There is too much hanky panky mumbo jumbo special interest smoke and mirror giberishness involved.
|
Quote:
|
[QUOTE=mtdjed;1593052]My summary of what I have read from posts is that amendment 1 incrementally increases the homestead exemption up to $75,000 from $50,000. The increase starts at a home valued at $100,000 and stops at $125,000.
I think the way this works is a resident will get the full $25000 exemption for all houses over $125000. The $100K to $125K range is how it phases in. Example if your house is assessed at $112500 (halfway in the range) the exemption would be half of the $25000 or $12500. Not meant to be only houses within the range. |
Quote:
|
Ok...I am convinced that amendment 1 in good for most of Florida's people BUT have you ready Amendment 4.......giving Felonds their right to vote back??
|
All times are GMT -5. The time now is 05:58 AM. |
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2025, vBulletin Solutions Inc.
Search Engine Optimisation provided by
DragonByte SEO v2.0.32 (Pro) -
vBulletin Mods & Addons Copyright © 2025 DragonByte Technologies Ltd.