I tend to think sales taxes are worse than property taxes. Consumption taxes are almost always better. And in Florida’s case it means a lot of tourists and snowbirds picking up a lot of the bill.
As far as local funding goes I think it makes more sense to do things at the state level. That’s how education funding works anymore.
I doubt Florida is going to “get rid of property taxes”. Probably they are just going to use the budget surplus to increase the homestead exemption.
Thank you. Excellent article. Tax arbitrage would make extremely local sales taxes impossible. One more win for property taxes.
I tend to think sales taxes are worse than property taxes. Consumption taxes are almost always better. And in Florida’s case it means a lot of tourists and snowbirds picking up a lot of the bill.
As far as local funding goes I think it makes more sense to do things at the state level. That’s how education funding works anymore.
I doubt Florida is going to “get rid of property taxes”. Probably they are just going to use the budget surplus to increase the homestead exemption.