Shock as Southern state plots ditching property taxes to help curb crippling homeowner costs

New Photo - Shock as Southern state plots ditching property taxes to help curb crippling homeowner costs

Shock as Southern state plots ditching property taxes to help curb crippling homeowner costs


One state government in the south may have just found a way to ease the skyrocketing costs of homeownership. Florida leaders are considering eliminating property taxes altogether as residents struggle with soaring mortgage and insurance cost — and the idea is gaining traction among both lawmakers and homeowners. In this month's legislative session, eliminating property taxes has been a major point of discussion. Florida would be the first state in the nation to do it.
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