And if left unabated, they're going to end up with 2.5 billion taken from taxpayers for property taxes in 2031. That's a lot, right? That's a lot going forward. So we focused on the homestead. We understand it's important. Now, If you eliminated every homestead property from being taxed on day one, it would be about 30% of the revenue gone. Just to put that in perspective, though, it isn't like that's taken you back 40 years, that takes you back like four years from what, but what the revenue was going in across the state of Florida for local governments. (16:43–16:56)
CLAIM
Asserts the impact of eliminating homestead property taxes on revenue.
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