Ron DeSantis Is Serious About Ending Property Taxes in Florida. Will It Work and Who Will Pay the $40 Billion Difference [View all]

Florida Gov. Ron DeSantis is doubling down on his push to eliminate property taxes in the state, raising questions about how key services would be funded if the effort is successful.

At a press conference on Monday, DeSantis reiterated his support for measures to limit or ban the collection of property taxes at the local level in Florida, which bring in more than $40 billion for the state each year.

“Just for being on your property, you’ve got to write a check to the government every year, so you’re basically paying rent to the government to live on your own property,” he said. “We’re going to be really looking at ways to bring people relief from that, because I think it’s been really something that’s pinching a lot of homeowners, particularly seniors on fixed income.”

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Florida already has a 6% general sales tax, and the Florida Policy Institute estimates that it would have to be doubled to 12% to make up the revenue shortfall from eliminating property taxes.

https://www.yahoo.com/lifestyle/ron-desantis-serious-ending-property-154756787.html