Ron DeSantis slams property taxes in America — he compares it to paying annual taxes on your TV from Best Buy
July 4, 2025
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If you have property in America, you will get a property tax bill every year – something you are aware of. However, the governor of Florida Ron Desantis believes that it should not be in this way.
“You must own your property free and clear,” said Desantis at a modern round table in Jacksonville. “I think I would say that someone was in his home for only 35 years should stay money – you do not have your home, if this is the case.”
Then he gave an analogy to lead the point point to the house.
He said: “If you go to Best Buy and buy a flat -screen TV and put it on the wall, it will have to pay the sales tax on it, right? But I do not continue to pay the tax on it every year.” “This is not the way we do things. If you are going to impose taxes on something, you are imposing taxes on him in the deal, then let people already enjoy private property, free and free of government.”
Desantis described this “vision” and “philosophical insight”.
Simply, he argues that if you really have something, you shouldn’t continue to pay for it year after year. But while this is described as a matter of principle, experts indicate that real estate taxes play a vital role in financing local government and public services.
According to the Florida Policy Institute, the state tax on real estate property represents 18 % of the province’s revenues, 17 % of the municipal revenues and between 50 % and 60 % of school provinces financing. Property taxes also help local governments meet the needs of society, including police programs, fire protection, education and safety network.
Desantis also confirmed that families are already subjected to financial pressure.
“You are talking about a four -person family, as you have the average price of the house purchased in Florida – this is a somewhat huge tax bill there, when it comes after buying a house, when you think about the average income throughout the United States of America – mathematics does not add what is up, and I think this is the reason that people want to reduce,” he said. “
The increase in property taxes did not pass through Florida without anyone noticing it.
According to the RDFIN report, Sunshine State is home to three of the five American metro, as property tax bills have increased more than before. In Jacksonville, the average monthly property tax increased by 59.6 % to $ 228 between 2019 and 2024. Tamba increased by 56.7 % to $ 250, while Miami rose 48.1 % to $ 367.
To help address the burden, Desantis suggested a $ 1,000 deduction of property tax for home owners, but the initiative was excluded from this year’s budget and will be reviewed in the upcoming year polling instead.
The explicit reality is that inflation has pushed the cost of living all over America – and for many, investment in real estate has become a reliable way to help compensate for these increases.
When inflation rises, property values are often increasing, which reflects the high costs of materials, employment and land. At the same time, rental revenues tend to height, providing real estate owners a flow of revenue adapting to inflation.
Although having a house may feel far from reach receipt.
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This process is simple: browse a selection of homes that have been examined for its estimation and income capabilities. Once you find a feature you want, select the number of shares you want to buy, then sit like you Start receiving positive rental distributions From your investment.
Another option is The first National Realty (FNRP) partnersWhich allows the investors accredited to diversify their portfolio through the commercial real estate issued by the grocery without assuming responsibilities as the owner.
