Florida Man Rules!!
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Florida man rules. Who is this Florida man? Ron DeSantis, the governor of Florida. He is proposing right now something that I’ve talked about this for a very long period of time. Again, it’s one of the one of the things that we just we just do here in this. We just accept here in this country. And for whatever reason, it may be no one really gives it much thought.
That’s property taxes. I’ve done shows on this over the years and you know the people I’ve you know this idea that you actually own properly property you actually own your own home. You don’t okay you don’t own your own home you don’t own property. We are all living we’re basically you know we’re serfs on the Lord’s Manor and who’s that Lord that’s the government.
You buy a house, you pay for it full. Guess what happens if you don’t pay property taxes? They take your house. They take your house. So your house is not yours. Okay. If they can just take your house because you don’t give the Lord money, then technically it’s the Lord’s house. Am I wrong here in that assessment? No, I’m not. And for years I’ve
talked about this, I want to talk to them in terms as well when it comes to federal income taxes. Different light, I’m a big believer that it should be consumption based. Well, Ron DeSantis right now, and he said, Florida’s regular legislative session starts next week. And Senator Jonathan Martin recently filed a bill to study a framework to eliminate
property taxes and to replace property tax revenues through budget reductions, sales-based consumption taxes, and locally determined consumption taxes authorized by the legislature. The study must include, among other things, an evaluation of whether a shift to consumption-based taxes would make Florida more attractive to businesses compared to other states. I mean, it’s already a very competitive state as far as businesses are concerned and becoming.
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More so, more infrastructure build outs, more work done at various different airports. Again, a lot of infrastructure still needs to be done because people keep coming here. Not to mention the fact that no state income tax and it’s a very good climate for conducting business. This, in my opinion, would be a game changer. One of the things…
that Florida has experienced because of the mass influx of people over the past two, three decades is that we do have homestead exemption. However, you only have a carryover of a certain amount. So people find themselves in homes that they may have bought 30 years ago, let’s say for no joke, 400,000, 500,000, it’s now worth two mil.
and they may not want that house anymore. Kids are gone at school and what they have is what we like to call golden handcuffs. If they decide to move, well, they’re gonna, you know, they’re gonna be paying more, a lot more in property taxes. So again, they’re handcuffed to that home because they don’t want their overall expenses to have to go up. That’s a problem.
And again, this is something that the state needs to deal with to help free up the real estate market to some degree. Plenty of people. Plenty of people would love to move. You this all the time. Love to move, but again, it’s gonna kill me in taxes. What’s the point? So again, a step in the right direction. Also, like I said, I think it’s a freedom-based initiative. Imagine, say, the only state is the one state in the country where you can come and you will actually Own your home free and clear. Watchdogonwellstreet.com.
