AssetID: 53456121
Headline: UNCAPTIONED: Republican Proposal in Florida Aims to End Property Taxes in the State
Caption: Republican Proposal in Florida Aims to End Property Taxes in the State. 'Newsweek' reports that a new proposal in Florida could eliminate property taxes, while also increasing the state's sales tax. Republican Representative Ryan Chamberlin has outlined his plan to abolish property taxes, proposing "replacing lost revenue with the establishment of a consumption tax". According to Chamberlin, a study will be required to determine exactly how local governments would recoup funds lost through property taxes from other sources. "This bill is about one thing. It's about starting down the road toward phasing out and eliminating Florida's property tax." via 'Newsweek'. Chamberlin said that the Office of Program Policy Analysis and Government Accountability (OPPAGA) would be tasked with conducting the necessary study. The OPPAGA would then be required to submit the findings of the study by July 1, 2025. 'Newsweek' reports that Democrats in the state oppose Chamberlin's proposal, claiming the resulting increase in sales tax could have a significant impact. "So by eliminating the property tax which all municipalities count on, we could possibly have, would you say, one of the highest sales taxes in the nation to compensate for that loss?" Joe Casello, Florida Democratic Representative, via the 'Newsweek'. Previously, Chamberlin has argued that Florida homeowners never truly own their home due to paying taxes even after a mortgage is completely paid off. "We all simply rent it from the state, and as long as we pay those rents, then we can use the property we hold a deed for. This is not a tax; it is slavery." Ryan Chamberlin, Florida Republican Representative, via the 'Pensacola News Journal’. THIS VIDEO MUST NOT BE EDITED FOR LENGTH TO COMBINE WITH OTHER CONTENT
Keywords: Tax,Republican,Proposal,Florida,Aims,Property,State,United States,Abolish,Eliminate,Consuption tax,Republican Representative Ryan Chamberlin
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