The problem with property taxes

I was just watching a report on local channel 7 about our legislators in Tallahassee trying to strike a deal for tax relief in a special session. The report did a good job explaining some of the options which have been presented, including the famous “portability” of the “save our homes” policy. SOH is a policy which essentially means that regardless of how much your main residence appreciates the most your taxes would increase is 3% per year. One legislator explained why the portability would make a bad policy worse. Essentially, homeowners buying their first homes would bear a disproportionate share of the tax burden because the whole thing really becomes a pyramid scheme.
By the end of the report it became obvious. The problem with property taxes is not with the taxes. It’s with the incredible spending increases that have occurred over the last 15 years. I mean with a booming state economy and booming real estate prices for most of that time we have to ask ourselves: where the hell did all the money go.
And one of the last legislators interviewed gives us a hint. He says that budget cuts will mean cuts in services we’ve become accustomed to. And that’s the key. We rely on government t do more than ever before. We want everything for “free” without realizing that NOTHING IS FREE. Like the old saying goes, you can pay me now or you can pay me later.
It’s time to send these clowns a message. No more taxes and take better care of what we do send you. No more freaking billion dollar airport terminals. No more half billion dollar performing arts centers (both came in at more than double the budgeted figure).

2 thoughts on “The problem with property taxes”

  1. In my town, they cut back the libraries and the parks department. There was not a single cutback at the multistory administration where they make a heck of a lot more than any parkie.

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