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Posted: 9:19 PM Feb 7, 2012
Florida Property Tax Cut Proposal Dies in Committee
A ballot proposal that would further slash local property taxes for Florida homeowners is dead after a tie vote in a House committee.
Reporter: Associated Press |
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Tallahassee, FL (AP) - A ballot proposal that would further slash local property taxes for Florida homeowners is dead after a tie vote in a House committee.
Opponents say the proposed state constitutional amendment (HJR 1289) would shift the tax burden to businesses and other non-homestead properties.
They also argued it amounted to the Legislature "bullying" local governments.
Supporters say the proposed "super exemption" would help cure inequities among homeowners created by the existing Save Our Homes amendment. One advocate noted it would be a step toward eliminating property tax and replacing it with a sales tax increase.
Voters still will get a chance to cut property taxes through another proposal lawmakers already have placed on the November ballot.
Amendment 4 includes a smaller super exemption for homeowners and relief for non-homestead properties.
Latest Comments
Some elected officials get it, property tax cuts do not help most middle class people taxes as much as it helps business and real estate taxes. The lost revenue is not offset by increased hiring and business expansion. We get additional fees and taxes to offset cuts.
Just Cut out the LOOPHOLES . No excemptions.
It is all a part of the Conservative lie. They pass laws lowering state taxes and put the burden on the local governments to raise local taxes just to pay all the bills. It is all just verbage to get reelected. Down with career politicians.
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