Tax The Rich... In Florida?
Florida is considering a property tax overhaul that could significantly reduce tax bills for many homeowners. The proposed changes are expected to impact homebuilders as well. Lawmakers are set to debate the proposal next week.
- ▪The proposed property tax overhaul could cut bills for 60% of homeowners in Florida.
- ▪This initiative may also have implications for homebuilders in the state.
- ▪Florida is already one of the lowest-tax states in the U.S.
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