Monday, July 16, 2007

FAR “PUTS MONEY WHERE ITS MOUTH IS” RE PROPERTY TAX REFORM BALLOT

The Florida Association of Realtors, the largest trade group in the state, with 150,000 members, has pledged up to $1-MM to support passage of the Save Our Homes Amendment to allow homeowners to continue the 1992 Amendment for a 3% tax cap or to choose a new “super-homestead” exemption, taking up to $195,000 off their home’s taxable value. Passage of this amendment will provide meaningful tax relief for thousands of families including 1st time homebuyers, and will equalize neighbor’s property taxes, says the FAR President Nancy Riley. She stated that then nurses, police officers, teachers and emergency first responders can afford to live in the communities they serve.

1 comment:

Anonymous said...

This is nonsense --- complicated nonsense at that--- much better to eliminate COMPLETELY Property Tax on all homes whose value is less than $500K.
Raise the Sales Tax if necessary---

The Snow Birds -- the bread & butter of Florida Real Estate need to be included.

The 2% of Sale Price for Property Tax should be reduced to 1% as in California.