Florida Pushes to Phase Out Property Taxes, Raising Fiscal Questions

Governor Ron DeSantis and Republican lawmakers in Florida are advancing proposals to phase out property taxes, a move that could reshape the state’s fiscal structure but faces challenges in replacing the estimated $50 billion in revenue these taxes generate annually. “We are here on the second day of the regular session of 2025 to announce … Continue reading Florida Pushes to Phase Out Property Taxes, Raising Fiscal Questions