Jack Pues

This is a great example of 2 things: 1. How politicians package things have massive influence. 2. Not understanding 2nd order effects are often as meaningful or more meaningful than 1st order effects. This law benefits me. I voted against it. It is a power play wrapped as a tax break. Homestead taxes go to local governments, not the state. This law moves money from local budgets to state control. It starves local municipalities of funding, which will force them to bend to the state’s demands to get their share of budget allocated. Police, firefighters, and EMTs are all funded by local taxes and will have lower budgets unless local govs do something to negate the loss. So to offset, counties and municipalities will have to institute local sales taxes to ensure they have the funding necessary to meet their budgets and provide critical services and infrastructure. This law gives the biggest tax breaks to those who own the largest homes and will force the average Floridian to pay higher taxes on everything they buy. Voting matters. Know what you’re voting for.