AI-assisted summary

Proposals to cut Florida property taxes will likely shift the tax burden to other groups or reduce local government services, Florida TaxWatch suggests.

TaxWatch has outlined five potential tax-cutting scenarios for lawmakers to consider.

Gov. Ron DeSantis supports property tax cuts and has suggested using state funds to help rural counties that could be negatively impacted.

Any proposal to slash will involve a cost – either in a reduction in services, or in a shift from the segment paying less taxes to those paying more.

In it’s called a “trade-off.” Officials with , a Tallahassee-based tax watchdog, said those costs are inevitable. Property taxes produce $55 billion in revenue, with homestead property owners paying $19 billion.

“With property taxes if you give

See Full Page