There is a bill theyre trying to pass that will swap your RE taxes for higher 8.5% sales tax. If you're interested in having the bill passed, let your voice be heard on this site:
http://www.nomorepropertytax.com/
2007-03-19 03:03:16 · 4 answers · asked by mstrywmn 7 in Business & Finance ➔ Taxes ➔ United States
Homestead property taxes in FL are 2.5% of assessed value.
2007-03-19 05:57:29 · update #1
Florida, like TX, has absurdly high real estate taxes since neither state has an income tax. TX sales taxes are at or near 8.5% already and the RE taxes there are just insane.
It many SOUND like a good idea to not have an income tax but the reality is that the money has to come from somewhere. If you're OK with ridiculously high real estate and sales taxes, carry on.
If you'd like a more sane system (such as we have in MO where my total tax bite including income AND property taxes was about 75% of what TX charged in real estate taxes alone) talk to your lawmaker about tossing the current tax structure in favor of a reasonable income tax.
2007-03-19 04:03:26 · answer #1 · answered by Bostonian In MO 7 · 0⤊ 0⤋
how high is high?? i moved from ohio 4 years ago. ohio has state income taxes, 2% flat city income taxes, 6 to 7% sales taxes and my property taxes were about 1.25% of the value of my house. in FL, my property taxes are less than 1%.
2007-03-19 11:40:13 · answer #2 · answered by Ovrtaxed 4 · 0⤊ 0⤋
yes i was after 20 years there i decide to move to washington state not as bad there plus its nicer
2007-03-19 10:09:39 · answer #3 · answered by Anonymous · 0⤊ 0⤋
you are paying for your nice weather, so give it a rest already.
2007-03-19 11:34:59 · answer #4 · answered by Anonymous · 0⤊ 0⤋