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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Jim McMannis who wrote (283617)4/10/2006 7:16:26 AM
From: Road Walker  Respond to of 1575120
 
re: Faced with big increases, many homeowners stay put rather than moving up or downsizing...

I fall into that class. One of a few reasons I don't downsize is that even with a more modest place my property taxes would probably double.



To: Jim McMannis who wrote (283617)4/11/2006 4:21:13 PM
From: tejek  Read Replies (1) | Respond to of 1575120
 
The winners? Longtime property owners with homestead exemptions.

New buyers in FLA can't homestead?

The gap in their tax bills is but one example of the mounting inequities created by Save Our Homes, the tax break approved by Florida voters in 1992.

Throughout Palm Beach County and the Treasure Coast, neighbors in nearly identical homes pay vastly different tax bills depending on when they bought their homes and whether they have a homestead exemption.


What's Save our Homes? FLA's equivalent of Prop. 13?