DeSantis Proposes Property Tax Elimination

This is a Florida news story, published by MSN, that relates primarily to Ron DeSantis news.

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Florida Constitution

Newsweek

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Business

Business & Economics

Could Florida Eliminate Property Tax? It's Complicated

Summary

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86% Informative

Florida Governor Ron DeSantis has signaled his support for eliminating property taxes in the Sunshine State or drastically lowering them.

The Republican governor agreed with a post shared on X, formerly Twitter , last week that said property taxes should not be based on the assumed value for new construction homes.

Eliminating property taxes would set Florida apart from other states as it would be the only one to collect no income or property taxes.

The idea of eliminating property taxes cyclically returns in the public discourse in favorable states like Florida .

A majority of experts fear the idea is impractical for local governments.

Instead of trying to eliminate or drastically reduce property taxes, state governments should focus on having accurate property assessments that would then reflect the appropriate tax levels.

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English

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