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Gov. DeSantis says hotel taxes could fill budget holes once property tax phased out

  • On January 9, 2024, Florida Governor Ron DeSantis called on the Florida legislature to direct billions of dollars towards cutting property taxes, with the ultimate goal of eliminating them entirely.
  • DeSantis argues that high property values are burdening Florida homeowners, and he believes property tax relief should be prioritized, potentially funded by increased taxes on tourists.
  • The Florida House proposed a cut to the sales tax from 6 percent to 5.25 percent, and DeSantis proposed $1,000 rebates for homesteaded properties to be issued in December; both proposals aim to provide $5 billion in tax relief, though lawmakers are considering the impact of eliminating property taxes.
  • DeSantis stated, "Florida homeowners are suffering because of high property values," and suggested foreign tourists could pay more to replace property taxes, while the House proposes a 0.75-point cut in the sales tax.
  • Eliminating property taxes, which would require legislative and voter approval via a 2026 ballot initiative needing 60% support, could impact local services like schools and infrastructure, potentially creating over $50 billion in revenue holes, though some believe it could make homeownership more affordable.
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WEAR broke the news in on Monday, March 31, 2025.
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