Florida Governor Ron DeSantis is advocating for the elimination of property taxes in Florida, arguing they are oppressive and ineffective. He suggests a constitutional amendment to make this change possible, emphasizing the need for at least 60% voter approval. Although property taxes are crucial for funding local services like police and schools, they have significantly increased in recent years. Experts warn that replacing this revenue with sales tax may impact public services if not managed properly, as property taxes in South Florida have notably surged, reflecting the region's high home-price appreciation.
In a post on X, the governor said that taxing land/property "is the more oppressive and ineffective" form of taxation.
Amir Neto, the Florida Gulf Coast University Director of the Original Economic Research Institute, told ABC Action News that if the source of revenue is lost, you "either have to stop spending the money right, or you need to make up that revenue with something else."
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