State Prepares to Eliminate Property Taxes


The Southeast has always been an appealing destination, but there’s a sentiment among locals that their region is reaching its capacity. In cities like Atlanta, the feeling is that there’s no room for more newcomers.

Many people from the North and West Coast are attracted to the lower cost of living, but they bring with them policies that don’t sit well with the locals.

Eric Thompson Show Podcast

Florida, however, is making waves with a policy proposal that could change the game. Governor Ron DeSantis is advocating for the abolition of property taxes. In a recent press conference, he outlined his support for creating an agency akin to the Department of Government Efficiency (DOGE).

This proposed agency would be tasked with auditing government spending in Florida for one year. DeSantis expressed his commitment to making government operations more efficient. He highlighted the state’s progress in reducing its historical debt by 41% since he took office in 2019.

The governor’s plan includes using AI to streamline government processes. The initiative aims to audit state universities and potentially eliminate over 70 state boards and commissions. DeSantis believes more can be done to save taxpayer dollars.

The most significant announcement, though, was the intention to find ways to abolish property taxes. DeSantis questioned the fairness of homeowners paying for government overspending through inflated property taxes. He likened it to paying rent to live on one’s property.

DeSantis argues that property taxes burden many homeowners, especially seniors on fixed incomes. He emphasized that the current homestead exemption isn’t enough to help these individuals.

The governor pointed out that property assessments often don’t reflect the true market value until a sale is imminent.

This isn’t the first time DeSantis has spoken about this issue. Earlier this month, he described property taxes as “oppressive.” He suggested that a constitutional amendment might be needed to eliminate or reform these taxes.

Florida State Senator Jonathan Martin recently filed a bill to explore alternatives to property taxes. The proposed study aims to find a framework to replace property tax revenues through budget cuts and sales-based consumption taxes. If successful, Florida could become the first state with no property or income tax.

DeSantis’s plan has garnered attention, with some seeing it as a bold move. The idea of eliminating property taxes is appealing to many, but it will require significant support. Achieving a constitutional amendment would necessitate the approval of 60% of voters.

The proposed changes could fundamentally alter the way Florida funds its government. DeSantis’s vision challenges the status quo and aims to give residents more financial freedom. If implemented, these measures could set a precedent for other states to follow.

Supporters of the plan argue that it aligns with conservative principles of reducing government size and spending. The proposal has sparked discussions on how government revenue should be generated. Critics, however, caution against potential downsides and the impact on public services.

Floridians are watching closely as the plan unfolds. The potential changes could have far-reaching implications for homeowners and the state’s economy. As the debate continues, DeSantis remains firm in his commitment to pursuing this bold initiative.

One thought on “State Prepares to Eliminate Property Taxes

Leave a Reply

Your email address will not be published. Required fields are marked *