The Debate on the Florida Property Tax Cut Plan

By: Mike Vasilinda
By: Mike Vasilinda

By Mike Vasilinda

Florida voters will have to decide if they like their current homestead exemption or want to switch to something different. After lengthy debate, lawmakers are offering the choices of a so called super-sized exemption, which is 75 percent of the first 200 thousand dollars of a home’’s value. “And from 200 thousand dollars and above to 500 thousand dollars, 15 percent would be exempted…… the idea being that we want to help those people who have been hardest hit,” said Sen. Mike Haridopolos (R-Brevard County).

But if homeowners decide they like the current save our homes cap……they can keep it instead. Democrats called the idea the biggest cut to education, police and fire service in the state’’s history.
“There have been too many politicians telling the voters they can have deep, deep tax cuts and that it will not in any way affect services.
That is not an accurate statement,” said Sen. Steve Geller ( D-Hallandale Beach)

Only lukewarm applause greeted the vote.
These votes……rather than being the end of the debate…… will be just the beginning. Before any change can take effect, voters will have to say okay.
Sen. Alex Villalobos (R-Miami) says everyone should check with their accountant before deciding how to vote, “This is your home…… and your tax situation.And if this changes, is it gonna be better or worse.”

The plan doesn’t help those who were screaming the loudest renters and the owners of second homes.

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  • by Myles Location: Tallahassee on Jun 14, 2007 at 04:43 PM
    this has got to be the worse plan i have ever seen. Everyone wants to save on taxes but what they dont want to talk about is the cut in services. do we want to cut our law enforcement and fire services. Will the state pick up the tab on the lost services? If so where will they get the money? It can only come from state taxes. Now why would the state want to cut the local taxes only to make new state taxes to take its place? Looks like the state is either trying to get more control over the counties or at the least control the money from the taxes. Now where do you think the state tax money will go. The same places it goes now, to the southern more populated counties leaving the northern counties to do without. And they try to tell us that its to save us money, it simply to control and send out local money where most of the state taxes already go, to south Florida.
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