Florida House to consider tiered property tax plan

In an opinion piece published today in The Orlando Sentinel, Florida House Speaker Marco Rubio signaled a shift in the House’s approach to property tax reform, introducing the concept of taxing a home based on its value. In an example, he says that 80 percent of a home’s value up to $300,000 could be shielded from property taxes, giving workforce housing the maximum deduction. High-end homes would enjoy the same exemption on the first $300,000 but pay a higher percentage for home values over that amount.

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