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Florida Explores Eliminating Property Taxes

Florida Explores Eliminating Property Taxes

In response to soaring home prices and increased insurance premiums, Florida is contemplating the elimination of property taxes, potentially shifting reliance to sales tax. While this proposal aims to alleviate the financial burden on homeowners, concerns arise regarding funding essential services like education and social programs. Governor Ron DeSantis and various lawmakers support the initiative, but debates continue over its feasibility and potential impact on residents, particularly those on fixed incomes.  

Shahzad Ali
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Shahzad Ali

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