Real Estate Views from St Pete

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Another Voice on Florida's Proposed Tax Amendment

Jackie Colson-Smith posted her view on this I voted No by absentee ballot before I headed to Hawaii to teach this CLHMS class and attend Sellabration. I started writing a comment but as it got longer and longer, felt it was due a separate post.

I'm for tax improvement, but I think the current proposal is not the solution, and was a fast bandaid with aspects thrown in just to get the approval of certain voters.

The original intent of Save our Homes was to keep people from having to lost their home, often fully paid for, because they couldn't afford the taxes. As much as I'd enjoy portability personally, that wasn't the intent of the law, and is another aspect of the Entitlement mentality.

The realtor association  caters to the majority of its members, who unfortunately are short term thinkers rather than long term planners. I hope it's PAC money they spent and not our dues!

Concerned about current inequities between one homeowner and his neighbor? This proposal will make it far worse. Will property taxes go down? If so, the burden will increase on second home owners and businesses, which may make they sell, and certainly will be an impediment to purchasing - so home values will go down, and both owners and the government will suffer from that.

SOH as proposed will probably be challenged as discriminatory under federal laws - and the challenge will probably win - which means we the voters will be stuck with the cost of defense as well as the costs the state has incurred to "sell" this proposal, and still be back to Square One.

Don't settle for patches - insist that the legislators really analyze the situation and come up with a GOOD solution.

Comments

Good Job Sharon...I think more, and more people are realizing this makes the system worse, in the long run and we need to push for an overhaul, not a band-aid.

Thanks for the link. 

Posted by Jackie Colson-Miller,Tampa Real Estate www.RealEstateSizzle.com (Homeward Real Estate) over 5 years ago
We join you in opposition to this amendment.  For the life of me, I cannot understand why our associations are supporting it!?  I don't know what kind of impact it may have on smaller communities but it could be disastrous to the larger cities like Jacksonville, Orlando, Tampa and Miami.  Jacksonville already enjoys relatively low tax rates across the board.  I can't imagine where the lost revenues will come from for basic needed services if this amendment passes.  VOTE NO!
Posted by Tim and Susan Fennell, Jacksonville Real Estate (The Legends of Real Estate, REALTORS®) over 5 years ago

Jackie - I keep talking about this, and assuring people that not ALL Realtors are in favor of this amendment.

Tim and Susan - like so much of society today, they're concentrating on short term "fixes". We need to keep talking about our views whenever the conversation turns to the amendment. Thanks for chiming in! 

Posted by Sharon Simms St Pete FL - CRS CIPS CLHMS RSPS (ALVA International, Inc.) over 5 years ago

I'm with you on this one also. It is NOT a solution to the problem and unfortunately, most people do not realize this. This proposal still shows the unfairness applied to our property tax system in this state. I too am a NO vote!

I wrote an email a few months back to FAR's VP telling him how dare he speak for me and TELL me how to vote! I let him know that I have a voice of my own and did not agree with what FAR was pushing or to be more precise, MANDATING! I informed him of the better options. Of course, I did not get a response since I did not conform to their view.

All I can hope is that more people will realize this and force our legislators to do their job and actually come out with REAL tax reform and not this "band-aid" that won't stick!

Posted by Cris Burlew, Broker ~ St Pete Beach FL Real Estate (Beach & Luxury Realty, Inc.) over 5 years ago

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