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Florida Property Tax Cut Proposal Gets Major Boost

Florida Property Tax Cut Proposal Gets Major Boost

Summary

Lawmakers in Florida are examining the possibility of changing property taxes, with some considering eliminating them entirely. Polls show most Floridians are worried about the high property taxes, though only a small percentage fully support removing them. Governor Ron DeSantis and other officials are discussing potential reforms.

Key Facts

  • Only 33% of Florida voters support completely abolishing property taxes.
  • 45% of voters would support a candidate who wants to eliminate property taxes.
  • Property taxes in Florida have risen 45% since 2019, with even higher increases in cities like Tampa and Jacksonville.
  • Governor Ron DeSantis supports the idea of eliminating property taxes and has set up a group to study possible reforms.
  • A constitutional amendment, requiring voter approval, would be needed to abolish property taxes entirely.
  • Speaker of the Florida House, Daniel Perez, says discussions are ongoing about different tax reform proposals.
  • 66% of Floridians are concerned about affording homes due to rising property taxes.
  • 65% of Floridians would support a constitutional amendment to significantly reduce or eliminate property taxes.

Source Information