Top 5 reasons why we shouldn’t let Florida voters decide on Property Taxes

Posted on March 22, 2007. Filed under: Buying Tips for Tampa Bay Real Estate, Clearwater Beach Real Estate Report, Florida Property Taxes, Life, Marc Rutenberg Homes, New Construction Projects in Tampa Bay, New Port Tampa, Trump Tower Tampa, Waterchase Real Estate and News, Westchase Real Estate and News, Westshore Yacht Club |

I’m glad to see that Florida property taxes and the negative effects of the “Save Our Homes” amendment are finally being addressed in this year’s legislative sessions. What concerns me the most however is that the new house proposals are leaning toward letting the voters decide on the new property tax structure. I have 5 top reasons why we shouldn’t let voters decide.

1. One needs to remember that it was the Florida voters that got us into this unfair property tax mess to begin with when they passed the “Save Our Homes” amendment back in 1992.

2. Amendments tend to get approved by “headlines” or misleading proposal names like “Save Our Homes” and can get us into a bigger mess than we started with.

3. A voter approved amendment will take to long. If we let individual counties approve whatever they want it will take to 2010 and beyond. We need relief yesterday.

4. What happens if the voter amendment does fix what was broken when it is passed? Look how long its taken to discover that the “Save Our Homes” amendment was a mistake.

5. What happens if the amendment doesn’t pass? Then we are back to square one and have lost the momentum for real tax relief.

Why don’t we set out to fix the problem that was started back in 1992. I’m proposing that we go back to that year’s property base and then add back 3% per year for inflation and whatever percentage the growth rate has been for those years to arrive at the amount are taxes would be today had the “Save Our Homes” never got passed in the first place. Then going forward we cap government spending every year to 3% plus growth rate instead of capping homesteaded property. This would bring much needed relief to second home owners, vacation properties and business owners. We could still keep the $25,000 homestead principle in place but the yearly cap of 3% would no longer be needed because of the cap on government growth. This would eliminate the problems and tax inequality that “Save Our Homes” has brought. Sometimes its the things that are the simplest that makes the most sense in solving complex problems. If you would like to contact your legislator about the recent tax proposals a county by county list is at http://politics.tampabay.com or visit www.tomburkett.com

Advertisements

Read Full Post | Make a Comment ( None so far )

Recently on Inside Tampa Bay Luxury Real Estate…

The “Mexican Standoff” continues with an edge towards buyers

Posted on March 20, 2007. Filed under: Uncategorized |

Zen Bistro Grill & Sushi Bar at The Avenue of Westchase

Posted on March 16, 2007. Filed under: Highland Park, Life, Local Entertainment, Local Restuarants, Tampa Bay area Restuarant Reviews, Waterchase Real Estate and News, Westchase Real Estate and News |

Real Estate Update 3/15/2007

Posted on March 16, 2007. Filed under: Belle Harbor on Clearwater Beach, Buying Tips for Tampa Bay Real Estate, Clearwater Beach Real Estate Report, Highland Park, JMC Developments, Life, Manadaly Beach Club - Clearwater Beach, Marc Rutenberg Homes, New Construction Projects in Tampa Bay, New Port Tampa, Trump Tower Tampa, Uncategorized, Waterchase Real Estate and News, Westchase Real Estate and News, Westshore Yacht Club |

Trump Tower Tampa

Posted on March 15, 2007. Filed under: Buying Tips for Tampa Bay Real Estate, New Construction Projects in Tampa Bay, Trump Tower Tampa |

HOME IMPROVEMENTS

Posted on March 14, 2007. Filed under: Uncategorized |

Tampa Bay’s Premier Mortgage Broker

Posted on March 13, 2007. Filed under: Buying Tips for Tampa Bay Real Estate, Life, New Construction Projects in Tampa Bay |

Posted on March 12, 2007. Filed under: Uncategorized |

2007 FLORIDA LEGISLATURE

Posted on March 12, 2007. Filed under: Belle Harbor on Clearwater Beach, Buying Tips for Tampa Bay Real Estate, Clearwater Beach Real Estate Report, Highland Park, JMC Developments, Manadaly Beach Club - Clearwater Beach, Marc Rutenberg Homes, New Construction Projects in Tampa Bay, New Port Tampa, Trump Tower Tampa, Waterchase Real Estate and News, Westchase Real Estate and News, Westshore Yacht Club |

SandPearl Resort Openning Summer 2007

Posted on March 12, 2007. Filed under: Uncategorized |

Last week in the news

Posted on March 12, 2007. Filed under: Buying Tips for Tampa Bay Real Estate, Waterchase Real Estate and News, Westchase Real Estate and News |

UF study: The price is right, so buy now

Posted on March 10, 2007. Filed under: Buying Tips for Tampa Bay Real Estate, Clearwater Beach Real Estate Report, Waterchase Real Estate and News, Westchase Real Estate and News |

Verify sq.ft. of house before you buy

Posted on March 2, 2007. Filed under: Buying Tips for Tampa Bay Real Estate, Highland Park, Marc Rutenberg Homes, Waterchase Real Estate and News, Westchase Real Estate and News, Westshore Yacht Club |

Trump Tower Tampa

Posted on March 1, 2007. Filed under: New Construction Projects in Tampa Bay, Trump Tower Tampa |

Hawk’s Landing

Posted on March 1, 2007. Filed under: Marc Rutenberg Homes |

Westshore Yacht Club

Posted on March 1, 2007. Filed under: Westshore Yacht Club |

CourtSide Grill Restaurant

Posted on March 1, 2007. Filed under: Tampa Bay area Restuarant Reviews |

Westchase Area Homes and News

Posted on March 1, 2007. Filed under: Westchase Real Estate and News |

Inside Waterchase Real Estate and News

Posted on March 1, 2007. Filed under: Waterchase Real Estate and News |

Westchase Area Homes and News

Posted on March 1, 2007. Filed under: Westchase Real Estate and News |

Liked it here?
Why not try sites on the blogroll...