I truly think that we all would be better off if we had lower sales tax and it was replaced by either state income tax or increased sales tax. WHY??
Well when you retire you find your income move lower and your expenditures follow suit. This means that you are not locked into increased property taxes that can easily force you to leave a home that you have loved as you lived in it for years.
This would be a much more favorable way to have floridians pay state taxes and would tie into one age and income. We would be better off and not have people move out of Fla. because our very high property taxes.
I have discussed this with quite a number of people and they feel that this is the BEST way to go. So reduce the property taxes and replace the needed state income with sales taxes or income tax or a combination of both. Think this is the way many other states handle there income needs and it does work.
Thank you