DeSantis Wants to Eliminate Property Taxes

One reason people move to Florida is because of taxes. Now this can be one reason people move away from Florida

 

But think of all the jobs you could cut. All schools, Police and fire will be RPO gated community based.

 

And no matter how you couch it, the more expensive your home, the more you would benefit by taxes being shifted to someone else.

 

Might consider moving north just below the Florida, Georgia line and shop in Georgia.

 

A few months ago, I had a dream that I ran into both DeSantis and RFK Jr at an event and wanted to get my picture taken next to both of em.

Unfortunately, my alarm clock woke me up and that was the end of it.

I got rid of it immediately; soaked it in hot water for 24 hours to purge each and every negative energy from it, to ensure each and every component was destroyed before I disposed of and replaced it with a new one. Was not going to have that type of negative karma in my home hanging over me.

 

They already are. . . LOL! Hence this scam to try and put some juice back into the FL housing market. I'm sure Lennar has the tag line ready to apply to all their marketing materials for FL.

 

I forget, does this elimination of property taxes apply to only residential or to all property owners, i.e., commercial buildings, apartment bldgs, etc? Seemingly, if only applying to residential properties it could have a big difference on the amount of increase needed for sales tax. If it also applies to commercial properties, seems like an undeserved windfall for CRE owners.

 

Looking at my business buildings and property, I pay $15k annual in property taxes. Shifting from no property taxes to a hypothetical increased sales tax of 7% would result in about a $50k hit on my bottom line. I run a service business, paying sales tax on products included in the service.

 

Wouldn't you pass that along? Do you see a decrease in traffic as a result and plan to eat some to keep costs down?

 

I would absolutely have to pass it along. Wonder what other service industries might be in the same situation. Roofers? Pool service companies? Painters? Electricians? Plumbers?

 

It would hit us too now that I think about it. Currently we only charge sales tax on materials, but not on labor.

 

I had read one option was to only eliminate it on homestead property. Some to the tax burden would then shift to commercial property, second homes and rental units.

Nobody will be for a big sales tax increase.

 

Seems like desantis and the house speaker arent on the same page with this tax cutting stuff. Perez wants to cut the state sales tax back to 5.25%. Either Tally has a lot of extra funds or we're about to see even more cuts in social services and infrastructure spending.

Florida lawmakers working on bill for a permanent state sales-tax cut

 

Current tax system in our country and in every state VASTLY PENALIZES the middle class.

Ronald Dion DeSantis is my hero; if this goes through, he can spit on me and I'd consider it an honor.