You're right about this, but the property tax issue will be easier, IMHO, to bring forward and get traction on, get it passed. I have a feeling the Republicans will attack the insurance issue after the election. The insurance industry has been astoundingly corrupt for decades and not just in Florida, but all over the country. Right now they've gone off the rails with exorbitant rates, greed without end. This property tax abolishment seems, to me, like a good segue issue to gain momentum before attacking the insurance behemoth.
Yeah home insurance is a must when you have a mortgage because the banks demand it, and sometimes decides to tell you that you still don't have enough and tell you to get more, even if you've owned the home for over 15 yrs. Then the 1 damn time you make a claim for something like a new roof after 15 yrs with same insurance company, and they drop you like a hot potato and it becomes difficult to find another company to insure your home and when you do it's much more expensive than it was with the previous insurance company.
It's a corrupt racket. Word has it ("hearsay", so take it for what it's worth) that (this is going back several years) Florida insurers asked experts to project whether future years (1-3 forward, if I'm not mistaken) were anticipated to be severe with hurricanes. Experts said no so they were fired, the next two sets of experts said no and were also fired. Then they got "experts" to tell them what they wanted to hear - dire projections, severe damages, losses, etc - and used it to get themselves rate increases. The weather was as the initial three actual experts had projected yet the companies are never required to refund their customers' excess payments, the rate increases never rolled back, they just continue to rise.
This is how the insurance companies operate. They are fully entrenched and have bought themselves most politicians and probably FNM "support" as well. Look at health insurance if you need another example.
I hope the whistleblowers come forward when it's safe for them to do so as these insurance scum are truly evil, greedy beasts. Right now they're just raking everyone over the coals and stuffing as many gold coins into their greedy little pockets as they can.
Many years ago a colleague of mine was upset about a car insurance problem and his father took him over to the Charles River (in Cambridge across from Boston) and pointed out that the two largest/tallest buildings were the Prudential (insurance) and John Hancock (insurance) buildings. Insurance companies have had a stranglehold on their customers for decades.
The globalist cabal planned a two pronged approach to take away people's private property. Insurance rate hikes along with property tax hikes which is what makes high inflation so insidious as it is taxation without representation.
I don’t like the idea that I can fully pay off my mortgage, own the deed to the house, and due to not paying property taxes the could come in and seize my house.
Taxation IS Theft. The ONLY tax I'd be willing to pay is a 5% flat tax on goods/services. The rest of the shortfall could be handled with import/export tariffs, AS LONG AS they aren't passed on to the consumer, i.e. a "hidden tax."
Agreed and good point on I/E. Also, with a simplified tax structure (at least with respect to property), the periodic tax reassessment of property would not have to be done, saving counties that expense.
IMHO they shouldn't tax basic food/groceries (other than luxury items like caviar and truffles, etc) so if people want to or need to tighten their budgets they don't have to do so at the expense of feeding their families. If I recall correctly NC taxes groceries, but this is going way back, not sure if they still do so.
I think as a proof-of-concept state it would force other states to have to address this as well IF the swamp can be cleared and citizens put pressure on their legislatures to follow Florida's lead on this.
We are next door to Florida and we pay tax on everything, state, property & sales (and yes sales tax on food also, whereas Florida does not charge tax on food).
Florida typically gets lots of income from tourism, don't remember the numbers, and from produce production-sales-export due to it's long growing season and tropical climate. It also is or was the leading producer of beef (something that surprised me when I'd heard it), don't know if it still is.
As u/SuckaFree mentioned here, they are also an active entry point (ports) for Import/Export and, as you know, a launch point for vacation cruises.
Because of the elderly population, "healthcare" (such as it is) is another huge money maker for the state.
As u/Pbman2 states having no state income tax attracts many retirees to move there and clobbering the property taxes will likely also attract more folks to move there.
That's true. Haven't lived in Florida in a long time and forgot all the tourism. I've lived in about 3 different areas of Fl in my life, moved around alot when I was a kid and after I married (miliary life, with dad & then hubby). We used to have cruise ships here, but they stopped few years ago I think. I thought I heard they were going to bring them back, but honestly, I don't pay attention to it, they could have brought it back already for all I know, but I really don't plan on boarding one, lol. With all the people who get sick on them especially now after they've all been jabbed. When cvd hit, they said you had to be jabbed to go on a cruise, nope you can keep your jabbed germ-infested ships.
I don't see how this would be beneficial. What would the incentive to ever sell land or do anything productive with it? Unlike fiat currency land is finite. Bill Gates and blackrock could buy up land and homes non-stop. Gates could turn around tomorrow and then cease to farm it creating food shortages. In this case a progressive land tax is the only progressive tax that would make sense. It would keep the wealthy from gobbling up huge swaths of land leaving the poor with no stake in the country they were born in.
You could say that right now about the current situation. Relieving current homeowners of their property tax burdens won't do anything either way to stop/encourage the swamp from purchasing land to kill in an effort to deteriorate quality of life and corral society into cities. They print whatever money they want. In fact it may keep more owners in their properties (and out of BlackRock's nefarious control) as some owners won't be at risk of being forced out because they can't meet financial tax obligations. The issue of cabal minions gobbling up property for nefarious purposes needs to be addressed separately and is in no way, IMHO, going to be affected by alleviating this financial burden on homeowners.
What it will do is stimulate the economy as ACTUAL ownership of one's land, no threat of tax-based confiscation, may motivate owners with discretionary funds to plow more money into updates, take their families out to dinner more often, go purchase local crafts and the like, thereby putting more money in the coffers of small business owners, etc.
Property taxes in Florida are still relatively low compared to say New York, Texas and California.
Outside of Miami/Orlando property taxes isn't the main concern with us Floridians. it is the home insurance as the big issue.
Increasing home insurance year to year is what is going to force people to sell and own "nothing" which is happening all over the US and world.
You're right about this, but the property tax issue will be easier, IMHO, to bring forward and get traction on, get it passed. I have a feeling the Republicans will attack the insurance issue after the election. The insurance industry has been astoundingly corrupt for decades and not just in Florida, but all over the country. Right now they've gone off the rails with exorbitant rates, greed without end. This property tax abolishment seems, to me, like a good segue issue to gain momentum before attacking the insurance behemoth.
Yeah home insurance is a must when you have a mortgage because the banks demand it, and sometimes decides to tell you that you still don't have enough and tell you to get more, even if you've owned the home for over 15 yrs. Then the 1 damn time you make a claim for something like a new roof after 15 yrs with same insurance company, and they drop you like a hot potato and it becomes difficult to find another company to insure your home and when you do it's much more expensive than it was with the previous insurance company.
It's a corrupt racket. Word has it ("hearsay", so take it for what it's worth) that (this is going back several years) Florida insurers asked experts to project whether future years (1-3 forward, if I'm not mistaken) were anticipated to be severe with hurricanes. Experts said no so they were fired, the next two sets of experts said no and were also fired. Then they got "experts" to tell them what they wanted to hear - dire projections, severe damages, losses, etc - and used it to get themselves rate increases. The weather was as the initial three actual experts had projected yet the companies are never required to refund their customers' excess payments, the rate increases never rolled back, they just continue to rise.
This is how the insurance companies operate. They are fully entrenched and have bought themselves most politicians and probably FNM "support" as well. Look at health insurance if you need another example.
I hope the whistleblowers come forward when it's safe for them to do so as these insurance scum are truly evil, greedy beasts. Right now they're just raking everyone over the coals and stuffing as many gold coins into their greedy little pockets as they can.
Many years ago a colleague of mine was upset about a car insurance problem and his father took him over to the Charles River (in Cambridge across from Boston) and pointed out that the two largest/tallest buildings were the Prudential (insurance) and John Hancock (insurance) buildings. Insurance companies have had a stranglehold on their customers for decades.
True.
The globalist cabal planned a two pronged approach to take away people's private property. Insurance rate hikes along with property tax hikes which is what makes high inflation so insidious as it is taxation without representation.
I don’t like the idea that I can fully pay off my mortgage, own the deed to the house, and due to not paying property taxes the could come in and seize my house.
I have been pushing for this ever since my Great Aunt had to sell off parts of her farm to pay the property tax.
With a property tax, you never really own your home. You are just renting it from the government. And too many property tax horror stories.
They have my families vote. Then shut down the Illegal IRS!
Taxation IS Theft. The ONLY tax I'd be willing to pay is a 5% flat tax on goods/services. The rest of the shortfall could be handled with import/export tariffs, AS LONG AS they aren't passed on to the consumer, i.e. a "hidden tax."
Agreed and good point on I/E. Also, with a simplified tax structure (at least with respect to property), the periodic tax reassessment of property would not have to be done, saving counties that expense.
IMHO they shouldn't tax basic food/groceries (other than luxury items like caviar and truffles, etc) so if people want to or need to tighten their budgets they don't have to do so at the expense of feeding their families. If I recall correctly NC taxes groceries, but this is going way back, not sure if they still do so.
That would be a nice win for Florida, and force other states to change.
More people would move to Florida, other states would have to compete......
I think as a proof-of-concept state it would force other states to have to address this as well IF the swamp can be cleared and citizens put pressure on their legislatures to follow Florida's lead on this.
We are next door to Florida and we pay tax on everything, state, property & sales (and yes sales tax on food also, whereas Florida does not charge tax on food).
Florida typically gets lots of income from tourism, don't remember the numbers, and from produce production-sales-export due to it's long growing season and tropical climate. It also is or was the leading producer of beef (something that surprised me when I'd heard it), don't know if it still is.
As u/SuckaFree mentioned here, they are also an active entry point (ports) for Import/Export and, as you know, a launch point for vacation cruises.
Because of the elderly population, "healthcare" (such as it is) is another huge money maker for the state.
As u/Pbman2 states having no state income tax attracts many retirees to move there and clobbering the property taxes will likely also attract more folks to move there.
That's true. Haven't lived in Florida in a long time and forgot all the tourism. I've lived in about 3 different areas of Fl in my life, moved around alot when I was a kid and after I married (miliary life, with dad & then hubby). We used to have cruise ships here, but they stopped few years ago I think. I thought I heard they were going to bring them back, but honestly, I don't pay attention to it, they could have brought it back already for all I know, but I really don't plan on boarding one, lol. With all the people who get sick on them especially now after they've all been jabbed. When cvd hit, they said you had to be jabbed to go on a cruise, nope you can keep your jabbed germ-infested ships.
Cool! Now, for God's sake, do Pennsylvania!
They’ll just find a way to bump up sales taxes to make up the difference on everything we consume
I don't see how this would be beneficial. What would the incentive to ever sell land or do anything productive with it? Unlike fiat currency land is finite. Bill Gates and blackrock could buy up land and homes non-stop. Gates could turn around tomorrow and then cease to farm it creating food shortages. In this case a progressive land tax is the only progressive tax that would make sense. It would keep the wealthy from gobbling up huge swaths of land leaving the poor with no stake in the country they were born in.
If you're worried about that a simple solution would be to do something like eliminate property tax on a person's primary residence.
That would be a partial solution.
You could say that right now about the current situation. Relieving current homeowners of their property tax burdens won't do anything either way to stop/encourage the swamp from purchasing land to kill in an effort to deteriorate quality of life and corral society into cities. They print whatever money they want. In fact it may keep more owners in their properties (and out of BlackRock's nefarious control) as some owners won't be at risk of being forced out because they can't meet financial tax obligations. The issue of cabal minions gobbling up property for nefarious purposes needs to be addressed separately and is in no way, IMHO, going to be affected by alleviating this financial burden on homeowners.
What it will do is stimulate the economy as ACTUAL ownership of one's land, no threat of tax-based confiscation, may motivate owners with discretionary funds to plow more money into updates, take their families out to dinner more often, go purchase local crafts and the like, thereby putting more money in the coffers of small business owners, etc.