Florida's Property Tax Elimination Proposal

Florida homeowners could potentially see a nine percent increase in their property values if a new proposal to eliminate property taxes is approved. The governor backs this idea, which would benefit current homeowners by removing property taxes for primary residences. However, critics argue it could make homeownership more difficult and shift more tax burden onto renters. The proposal would need legislative approval and a statewide vote to become law.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.