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Does the table show actual savings with your home or simply calculated from your 7%/3%/10%? My actual values are different (though the averages might work out the same) I only have data going back five years to when my home values began to reflect my purchase of the home (before that the values were calculated against the previous owner). |
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I'm not doing the research, but as I recall, The Villages charter school does receive some funding/rent from the county/state. |
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Instead of property tax, how about a "head tax"? Anyone 18 years or older would pay a set rate levied by the state or county. Tax would be paid yearly up until the age of 70. What would be fairer than everyone paying the same amount? And don't say "what if they can't afford it due to less income" ....because if a head tax replaces property taxes, then rental expenses should drop (theoretically). Both homeowners and renters would benefit.
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The Villages Charter school is a public school and gets State and Local education funding just the same as every other school in Sumter County. However, the county does not own the charter school buildings or property so they pay to lease the buildings. At the same time, since the county doesn't own charter schools the county doesn't pay for maintenance of the charter schools. |
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The premise that taxation is theft is based on the fact we do not have a choice about paying taxes and there are significant consequences to us not holding up our "end of the bargain" in a contract to which we did not agree to be a part of. On top of that laws have made it all but impossible to survive without participating in this Social Contract. Many places make it illegal to collect rain water (not sure how they can do that). Can't live off the land outside of the social contract as you have property taxes. Can't live off public land as you need permits and hunting and fishing licenses. Can't build ON YOUR OWN LAND (if you did own it) without permits and permission. Basically being born locks you into a social contract you did not agree to. Yet you cannot legally get into a contract until you are 18. Interesting dynamic. |
OP's Post #30 Clarifies Question About Where to Claim Residence
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The real question was wider than Homestead Exclusion only, but was not stated. See Response #30 by EDJ where he admitted he did not know about SOH benefits and he was trying to decide where to establish residency. My responses and other responders were aimed at answering the wider question about where to declare residency. Once you apply for and get approval for the Homestead Exclusion, you automatically get the SOH benefits. As you later point this out, the Sumter County Property Appraisers Office shows how this worked for you in the past. The SOH benefit is not fixed but the limit on appraisal increase is fixed at 3% per year. In my case the savings in taxable value for 2025 Property tax is more than 300,000. We have owned the home for 9 years.....and I still get an additional 50K Homestead exclusion. I have not gone back and calculated the savings for each year. It is sizable and more than the effect of the Homestead Exclusion. The task now for EDJ is to compare what each state may offer the home owner to declare residency in that state. Here are a few considerations based on a quick look at Tennessee Tax situation a while back. 1.Tenn. and Fla both have no state income tax. 2. Tenn. offers no Homestead Exclusion to reduce taxable value but taxes residences at 25% of the assessed value. I believe this is the same for both Resident and non Resident Owners. Qualifying as Florida residents seems better at first glance once you decide to have two homes. 3. I did not look any further. Good Luck! |
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If all of those tourists weren't also sharing in the cost of the 734 miles of toll roads in this state it would be a disproportionate tax on residents - many of whom probably rarely use them. FYI, there were 143 million tourists in FL in 2024. |
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The 10th Amendment to the US Constitution gives the States the power to tax. The State Constitutions give the counties, etc, the power to tax. All that said, feel free to move to where there are no personal and property taxes. Bahrain, Monaco, and Oman do not have personal taxes and do not have property taxes. Which one will you move to? Happiness can be yours. :) |
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Taxes are therefore not theft. The 16th Amendment made federal taxes legal. |
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According to you, the guy who paid $9,000 less in taxes is paying more in taxes. Yes, that is as silly as it sounds when written plainly. |
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