Can Florida Eliminate Property Taxes? The $14 Billion Question
Today we’re breaking down HJR 203, a proposal that could eliminate city and county property taxes for Florida homesteaded homeowners starting in 2027 — potentially cutting tax bills in half.
But there’s a catch.
State economists project a $14.8 billion annual gap in local budgets, which fund police, fire departments, roads, and public services. So the real question is: will homeowners see true relief, or will costs shift elsewhere?
I also share a potential solution — a structured visitor tax on the 143 million people who visit Florida each year — that could help offset the deficit while protecting residents.
This isn’t just about taxes. It’s about balance, growth, and protecting Florida’s future. That’s the common denominator.
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