Wednesday, April 25, 2007

Florida Property Tax Gridlock


"TALLAHASSEE -- Legislative negotiators officially declared gridlock Tuesday on the radical idea of abolishing all property taxes on resident homeowners by raising sales taxes - the centerpiece of House Speaker Marco Rubio's reform.
House Republicans have refused to budge from their demands to give a whopping multibillion-dollar relief plan to voters, while the Senate has steadfastly refused to consider a sales tax increase."

It sounds to me like Governor Christ's more conservative plan of rolling back property taxes and then capping them has a better chance of meeting with both House and Senate approval.

Read the full story here.