FLORIDA'S REAL ESTATE BLOG

WHY I AM VOTING "YES ON 1"
January 5th, 2008 9:53 PM
On January 29th, I will vote "YES" on Constitutional Amendment 1. I do not usually tell anyone how I vote, on anything, because it is a personal choice.  HOWEVER, I do believe Floridians need property tax relief and the passage of this amendment is a critical step in the right direction.  The voters have the power to cut property taxes by voting "YES".  Some have said this does not provide the comprehensive tax relief that was expected, but think about it ... THIS IS A WAY TO START THE BALL ROLLING.  The amendment doubles the homestead exemption from the current $25,000 to $50,000 for many Floridians.  It will allow homeowners to transfer their "Save Our Homes" benefit - up to $500,000 - to a new homestead if they sell in 2007 or later. Businesses will receive a new $25,000 exemption for "tangible personal property".  The property tax cut plan is projected to save taxpayers $9.2 billion over the next five years .... Floridians have the POWER TO CUT PROPERTY TAXES BY VOTING "YES ON 1" on January 29th.  See you at the polls.
Posted by Joanne Trugman on January 5th, 2008 9:53 PMPost a Comment (0)
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