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No property taxes? Big problem, says Florida tax expert

  • Governor Ron DeSantis proposed increasing the homestead exemption or eliminating property taxes, with potential balancing through visitor spending.
  • House Speaker Daniel Perez proposed reducing the state sales tax from 6% to 5.25% and is open to asking voters about property tax cuts in 2026.
  • DeSantis indicated he would collaborate with rural counties affected by property tax cuts, stating they lack the resources of larger counties.
  • House Minority Leader Fentrice Driskell criticized DeSantis's travel as a political stunt, emphasizing that Florida faces urgent issues.
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Wall Street Pit broke the news in on Wednesday, March 26, 2025.
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