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House to ask voters to trade property tax for more sales tax
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| Contributor | CBlock941 |
| Last Edited | CBlock941 Feb 21, 2007 03:20pm |
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| Category | Proposed Legislation |
| Media | Newspaper - Orlando Sentinel |
| News Date | Wednesday, February 21, 2007 09:20:00 PM UTC0:0 |
| Description | TALLAHASSEE -- Florida voters would be able to abolish property taxes on primary homes and put caps on government revenues in exchange for adopting the nation's highest statewide sales tax under a plan proposed Wednesday by House Republican leaders.
A second part of the proposal is designed to reduce taxes by an average of nearly 20 percent for all property owners, although most of those savings would go to businesses. It would not require voter approval but could go into effect sooner. |
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