Local governments in Florida took in 32 billion in property tax revenue. Today it's 60 billion. Seven years later, they've gone from 32 to 60 billion. So and of that Only 30% [of property tax revenue] is Homestead, Florida resident property tax. The rest is second homes, Airbnbs Investment. You got some rich guy from Brazil buying a home in Coconut Grove. He pays tax, commercial, all that other. (14:49–14:57)
CLAIM
Asserts that only 30% of property tax revenue comes from Homestead, Florida resident property tax.
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