But the way I view it is this. In 1980, because you mentioned some of the people saying, oh, my gosh, we can't do property tax. We're not going to be money. In 1980, the Florida voters enacted a quintupling of the homestead exemption. So it was $5,000, and they raised it to $25,000. Do you think these local governments were in favor of doing that at the time? Of course not. (27:33–27:41)
CLAIM
Asserts that in 1980, Florida voters increased the homestead exemption from $5,000 to $25,000.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.